Information

This barrier is unrelated to the end of the transition period, following the United Kingdom's departure from the EU.

Public ID: PID-GDO6QB

Lack of clarity in application of customs valuation rules

in Bangladesh

Trade barrier summary

This affects UK goods imported into Bangladesh. Implemented in 2000, the Customs Valuation (Determination of Value for Imported Goods) Rules in Bangladesh accepted the transaction value of imports for customs valuation, with some exceptions.
However the Customs Authority in Bangladesh seems to increasingly not enforce this, instead applying the method of valuation of historical, or identical, or similar goods.

This becomes problematic when importing commodities and bulk materials that are traded in the open market, given that global prices change frequently. Applying historical valuation often results in excessive costs, and over-valuation impacts the competitiveness of compliant companies in Bangladesh.


Sectors affected

  • All sectors

Resolved

No


Date reported

13 June 2019


Last updated

2 November 2022


Public ID

PID-GDO6QB


Back to search results

If a trade barrier is affecting your exports or investment from the UK, please let us know on report a trade barrier .

If you export goods you can check duties and customs procedures for your chosen market.