HEADLINE: Unregulated imports caused revenue loss and enforcement challenges in Bangladesh.
["Bill of Entry mandatory for all imports", "LC mandatory for imports above USD 5,000", "Payment of customs duties and VAT"]
Fines up to 3 times duty value; imprisonment up to 7 years
Affected HS Codes: ["All HS codes"]
Issuing Authority: National Board of Revenue (NBR) — Customs Wing