With the goal of providing fast and transparent services to bonded companies, representatives from top organisations of the garments, knitwear, accessories, textile, and leather goods sectors – BGMEA, BKMEA, BGAPMEA, BTMA, and LFMEAB – unanimously agreed on making the use of CBMS mandatory during a discussion titled “Meet the Business”, organised by the National Board of Revenue on Sunday.
During the discussion, a proposal to mandatorily require the use of the CBMS software for all service provision and receipt related to utilisation permission (UP) issuance, to be implemented as soon as possible, preferably from 1 December 2025, was unanimously adopted. The NBR will soon issue an official directive in this regard.
To modernise the country’s bond management system, making it transparent and technology-dependent, NBR launched CBMS, an automated software, effective from 1 January 2025, according to a press release.
Currently, 24 modules of this software are being used to provide online services to bonded warehouse license holders through 3 Customs Bond Commissionerates under the NBR.
Bonded warehouse license-holding exporter companies receive Utilisation Permission (UP) from the respective Customs Bond Commissionerate based on the coefficient approved by the Duty Exemption and Drawback Office to import raw materials duty-free.
Although the UP module of the CBMS has been launched, most companies are still obtaining UP through the manual method, with only a few companies availing this service online. As the use of the software was not mandatory, its usage has not reached the desired level in the last 10 months.
Since its launch, necessary developments and corrections have been made to the CBMS based on feedback received from users, making it more user-friendly.
