Regulatory Impact Analysis Report on the Current Customs Regulatory Framework in Bangladesh

Abstract

The National Board of Revenue of Bangladesh has undertaken initiatives to amend its Customs Act to comply with international treaties and agreements—such as the Revised Kyoto Convention—that have been signed by the government to provide faster and effective service to the private sector, bring transparency and accountability in the customs clearance process, and introduce a risk-based clearance system. This report aims to identify the possible impacts of the proposed 14th amendment to the Customs Act, 1969, on the beneficiaries and the Government of Bangladesh