Prepare/collect/endorse documents

Case Study

Title: Fabrics Import from India by Land to Bangladesh, 2011

Corridors and Routes: Not Specified

Trade Product: Cotton fabric

Trade Type: Import

Process Analysis: Import to Bangladesh

Exporting Country: India

Importing Country: Bangladesh

Category: Pre-clearance regulatory procedures

Country and Procedure Description: Prepare/collect/endorse documents
(Import to BGD from IND/Cotton Fabric)

Related Rules, Laws and Regulations:

Actors and Participants: -Importer
-Exporter
-Importer's Bank
- Business Chamber (BGMEA),
-CFA

Input Criteria to Enter or Begin the Business Process: -Commercial Invoice, truck Challan, Packing List, and Insurance Certificate from Exporter and Import

Activities and Associated Documentary Requirements: 1. Collect and endorse documents for import . Once the exporter in India forwards the Commercial Invoice, Truck Challan, Packing List and Insurance Certificate to the importer in Bangladesh, the latter collects the Import (IMP) Form from its bank and also gets all the documentation endorsed by the bank. 2.Prepare other import documents. For import of cotton fabric, the documentation required includes the Utilisation Declaration (UD), which is issued by the business chamber, the BGMEA. This is a mandatory document to import raw materials for the RMG sector. 3.Copies of these documents are then forwarded to the CFA to lodge a customs declaration some time well ahead of the arrival of the consignment at the port.

Output Criteria to Exit the Business Process: -Ready to submit customs decalration

Activity Diagrams:

Number of Required Documents: 6

Minimum Required Time: 1

Maximum Required Time: 3

Average Required Time: 2

Minimum Cost:

Maximum Cost: 3

Average Cost: