National Board of Revenue starts a two-day study on the seaport and Customs House in Chittagong today to identify why the clearing and forwarding activities take much than expected time.
The Bangladesh Time Release Study-2013 would help identify the tailbacks that adversely affect the timing and results in delay of releasing import cargos and, delay and challenges to expeditious shipments in exports, said a official.
He said it would facilitate ensuring timely release of cargo from the seaports and check false declaration in import consignments.
With support from the South Asia Regional Trade Integration (SARTI) program of the International Finance Corporation and UK Aid, the piloting is scheduled to be concluded tomorrow, said a statement yesterday.
The project will be administered by the revenue authorities while Org-Quest Research Limited will conduct the study and C&F and Shipping Agents will cooperate the research company.
The study will follow World Customs Organization (WCO) time release study – a methodology developed by the WCO and the World Bank.
Under the study, the NBR will measure the actual performance of activities related to trade facilitation.
The study is expected to help the revenue authorities to measure relevant aspects of the effectiveness of operational procedure carried out by the Customs, other regulatory agencies and private sector stakeholders in the standard processing of imports, exports and transit movements.
