In international trade, it is common to come across customers with preference for settling payments in foreign currencies. Such preferences may be influenced by the business policy of a customer or ...

The Timber Industry Development Division (TIDD) is to introduce a new standard permit invoice for the export of timber and wood products come June 1, this year. Mr Henry Coleman, Contract and Permit ...

This explains how non-realisation of export proceeds within FEMA timelines leads to GST refund reversal and interest liability. The key takeaway is that exporters must track realisation deadlines ...

The National Board of Revenue (NBR) has made it mandatory to make e-payment from July if the customs duty of an invoice of import and export products crosses Tk2 lakh. The revenue board has also made ...