Bangladesh NBR Clarifies 10–30 Count Cotton Yarn Import Regulations
  • Published by: Platform Admin Platform Official
  • Business & Trade

Bangladesh NBR Clarifies 10–30 Count Cotton Yarn Import Regulations

Bangladesh's National Board of Revenue (NBR) has issued a clarification stating that the 10–30 count cotton yarn mentioned in its earlier directives specifically refers to 10–30 single count cotton yarn.

According to an order issued on October 29, the clarification relates to the withdrawal of bond facilities and the provision allowing imports of specified cotton yarn against bank guarantees.

The NBR had withdrawn bond facilities for importing 10–30 count cotton yarn on September 7 to protect the interests of the domestic textile industry and ensure raw material access for genuine exporters. However, exporters holding valid warehouse licences were permitted to import the yarn against bank guarantees. The order was subsequently amended on October 8.

The latest clarification follows decisions taken during the first meeting of an inter-ministerial committee established to review and address challenges in Bangladesh's textile sector.

The directive was issued under Section 266 of the Customs Act, 2023, and came into immediate effect.

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