Customs Act, 1969 – Overview
The Customs Act, 1969 is a key legal framework in Bangladesh governing the import and export of goods. It outlines procedures for levy, assessment, and collection of customs duties, and ensures proper control over goods crossing the country’s borders.
Objectives of the Customs Act, 1969
- Regulate import and export of goods.
- Ensure collection of duties and taxes.
- Prevent smuggling and illegal trade activities.
- Establish uniform customs procedures.
Key Provisions
| Section | Description |
|---|---|
| Section 19 | Power to impose customs duty on imported/exported goods. |
| Section 25 | Determination of value of goods for customs purposes. |
| Section 32 | False declaration and its consequences. |
| Section 80 | Clearance of imported goods. |
| Section 156 | Penalties for violations and offences under the Act. |
Conclusion
The Customs Act, 1969 plays a critical role in facilitating international trade and revenue collection for the government. Understanding its provisions is essential for importers, exporters, and customs professionals.
