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The National Board of Revenue (NBR) of Bangladesh has announced that the use of the Customs Bond Management System (CBMS) will become mandatory from January 1 to modernize and digitize the country’s bond management process. According to an official circular, all bonded warehouse license holders must use CBMS for issuing Utilization Permissions (UP) related to duty-free raw material imports. No services will be provided through manual or alternative methods after the deadline. The automated CBMS software, launched earlier with 24 modules, is currently being used on a limited scale in three customs bond commissionerates. NBR stated that the system has been upgraded based on user feedback to make it more user-friendly. The mandatory use of CBMS is expected to enhance service speed, transparency, and accountability, while reducing costs, time, and disputes. The NBR reaffirmed its commitment to continuing digitalization efforts to achieve full automation and transparency in revenue management.

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