Trade
2 days ago

Expediting hassle-free customs clearance for exports

ASYCUDA World links RMG bond management system

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Garment industry's bond management is integrated with the ASYCUDA World system that expedites customs clearance for external trade and transport operations in a see-through manner.

Officials have said the National Board of Revenue (NBR) has linked the Bangladesh Garment Manufacturers and Exporters Association's (BGMEA) electronic Utilisation Declaration (e-UD) platform with the new-generation global customs-management system. The integration came into effect on January 11, 2026, as part of the government's broader initiative to make bond management more technology-driven, improve valuation of bonded raw materials and exported goods, and enhance transparency and accountability in customs operations, said a press release.

Officials hope the move would significantly reduce procedural complexities and clearance delays that previously arose due to manual verification of UD documents and reliance on BGMEA's standalone system.

"Before the integration, UD verification involved manual checks and system-level dependency, which often resulted in delayed cargo clearance and posed challenges in ensuring transparency and regulatory oversight," says the NBR statement.

Under the new arrangement, UD verification will be conducted fully online and in real time through ASYCUDA World, reducing paperwork and minimizing operational risks.

According to the revenue board, the key benefits of the bonding include faster and more efficient clearance of import and export consignments, reduced reliance on physical documents, enhanced revenue protection and risk mitigation, and a more modern and effective bond management.

Following successful completion of the pilot phase of the integration, the NBR plans to gradually introduce automated e-UD write-off procedures, further streamlining bonded-warehouse operations.

The initiative has been jointly implemented by the NBR and BGMEA and is seen as a major step towards establishing a paperless customs environment in Bangladesh.

Officials say the system integration would play a critical role in facilitating trade, improving the ease of doing business, and strengthening Bangladesh's competitiveness on the global apparel market by reducing lead time and ensuring faster customs processing.

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