Bond License Auto Renewal
Calculating the validity of bond license auto renewal: According to customs SRO no 162-AIN/2011/2349/Tariff Date: 09/06/2011, each bond license is valid up to two years after the date of issue.
Validity of Auto Renewal and procedure: According to customs SRO no 162-AIN/2011/2349/Tariff Date: 09/06/2011, a bond license will be renewed for 2 years. A renewal fee of BDT. 25000 should be submitted by treasury invoice one month prior of the license expiry date. Each required document should be submitted to the association for auto-renewal.