The e-payment system has been launched on 1 July at Chattogram Customs House, the country’s largest customs station. From now on, importers will be able to pay the tariff online through RTGS (Real Time Gross Settlement) gateway with user ID. This is to relieve the traders from the hassle of standing in line at the bank for hours.
With the introduction of this system, all illegal activities including fraud, tax evasion, collection of extra tax for false information, customs per import documents and collection of money from bank officials will be stopped. In addition, the C&F agent will submit a bill of entry at the customs station on behalf of the importer after importing goods from abroad under the new rules. The customs department will confirm the amount of duty to be paid on the consignment. According to the guidelines of the National Board of Revenue, in the first six months of the 2021-22 fiscal year, if a tax of more than two lac taka is levied against a bill of entry, a compulsory e-payment has to be made. E-payment has been made mandatory for all importers from January 2022.
