From the first day of the year, exporters operating bonded warehouses must obtain Utilisation Permission (UP) exclusively through an online system to import raw materials under duty-free facilities, marking a decisive shift in the bonded management regime. In a media statement issued on Thursday, the National Board of Revenue (NBR) said the Customs Bond Management System (CBMS) has been made mandatory for all bonded warehouse licence holders. The NBR had announced a month earlier that the move would take effect from Jan 1 as part of efforts to make the country’s bonded management system “modern, transparent and technology-driven”. On Dec 1, the authority said services for bonded warehouse licence holders were already being provided online through 24 CBMS modules operated by three customs bond commissionerates under the NBR. Officers say the move is expected to streamline trade procedures and strengthen oversight of duty-free imports under the bonded warehouse facility.

Source: bd News24 January 01, 2026 11:07 UTC