Bangladesh unlikely to benefit from Indian transshipment facility

[Bilal9]

Here, NBR itself has directly opposed Indian transshipment facility to be of any use to Bangladesh. It is opposing the view of commerce minister Indian RAW agent Tipu Munshi and Secretary Tapan Kanti Ghosh. Fifth columnist h*r*mi people sabotaging the progress of Bangladesh by hatching plans to make Bangladesh completely subservient to India.​

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India has widened the facilities by including riverine routes with the surface communication systems, but it is unlikely to bode well for the local exporters​

An onion-laden truck enters Sonamasjid land port in Chapainawabganj Dhaka Tribune
Tribune Desk
December 10, 2022 2:30 AM

The country is highly unlikely to benefit from transshipment facilities by exporting its products through Indian territories to other countries, according to an assessment made by the National Board of Revenue (NBR).

India has widened the facilities by including riverine routes with the surface communication systems, but it is unlikely to bode well for the local exporters due to loading and unloading hassles as well as time-consuming processes, officials said.

They said the transshipment facilities as announced would not be viable for Bangladesh as the Chittagong and Mongla seaports have similar facilities for exporting Bangladeshi products to different countries.

The NBR put forward the views in response to a request by the Commerce Ministry, which was scrutinizing the advantages and disadvantages of the extended facilities India announced recently.

Earlier in 2018, India had given the transshipment facilities to carry containerized cargoes by roads and railways, and utilize their specified Land Customs Stations (LCSs), seaports and airports, to export goods to third countries.

According to a joint statement of Bangladesh and India issued after the conclusion of the bilateral meeting during the PM's visit, the Indian side invited the Bangladesh business community to use its port infrastructure for transshipment of export cargoes to third countries.

The Indian Central Board of Indirect Taxes & Customs (CBIC) amended its earlier circular, issued in 2018, by including the extended facilities and issued a fresh circular regarding the amendment on September 14, 2022.

The NBR, however, viewed in favour of the transshipment facilities through the LCSs of Banglabandha, Chilahati, Burimari and Sonahat by truck, rail and covered van, and the LCSs of Chilmari river port and Dhubri-Nunkhawa by river routes.

The NBR also pointed out that there was no mention about the fees and charges for transshipment facilities in the Indian circular.

The bond submission provision is not logical in the context of international practice as the bond may be equal to applicable duty in accordance with the invoice of goods concerned.

According to the section 3.3 of the circular, "The authorized carrier shall also enter into a transshipment bond with the commissioner of customs (prev.), west Bengal in the form and manner prescribed by the said commissioner. The bond shall be of an amount equivalent to twice the value of goods to be transshipped."

"With a view to facilitating the and leveraging the potential of inland waterways for enhancing trade and transit, it has decided to allow the transshipment of containerized export goods of Bangladesh through India using riverine and rail routes," according to the section 3.1 of the circular.

 

[bluesky]

Here, NBR itself has directly opposed Indian transshipment facility to be of any use to Bangladesh. It is opposing the view of commerce minister Indian RAW agent Tipu Munshi and Secretary Tapan Kanti Ghosh. Fifth columnist harami people sabotaging the progress of Bangladesh by hatching plans to make Bangladesh completely subservient to India.​

--------------------------------------------------------------------------------------------------------------​

India has widened the facilities by including riverine routes with the surface communication systems, but it is unlikely to bode well for the local exporters​

An onion-laden truck enters Sonamasjid land port in Chapainawabganj Dhaka Tribune
Tribune Desk
December 10, 2022 2:30 AM

The country is highly unlikely to benefit from transshipment facilities by exporting its products through Indian territories to other countries, according to an assessment made by the National Board of Revenue (NBR).

India has widened the facilities by including riverine routes with the surface communication systems, but it is unlikely to bode well for the local exporters due to loading and unloading hassles as well as time-consuming processes, officials said.

They said the transshipment facilities as announced would not be viable for Bangladesh as the Chittagong and Mongla seaports have similar facilities for exporting Bangladeshi products to different countries.

The NBR put forward the views in response to a request by the Commerce Ministry, which was scrutinizing the advantages and disadvantages of the extended facilities India announced recently.

Earlier in 2018, India had given the transshipment facilities to carry containerized cargoes by roads and railways, and utilize their specified Land Customs Stations (LCSs), seaports and airports, to export goods to third countries.

According to a joint statement of Bangladesh and India issued after the conclusion of the bilateral meeting during the PM's visit, the Indian side invited the Bangladesh business community to use its port infrastructure for transshipment of export cargoes to third countries.

The Indian Central Board of Indirect Taxes & Customs (CBIC) amended its earlier circular, issued in 2018, by including the extended facilities and issued a fresh circular regarding the amendment on September 14, 2022.

The NBR, however, viewed in favour of the transshipment facilities through the LCSs of Banglabandha, Chilahati, Burimari and Sonahat by truck, rail and covered van, and the LCSs of Chilmari river port and Dhubri-Nunkhawa by river routes.

The NBR also pointed out that there was no mention about the fees and charges for transshipment facilities in the Indian circular.

The bond submission provision is not logical in the context of international practice as the bond may be equal to applicable duty in accordance with the invoice of goods concerned.

According to the section 3.3 of the circular, "The authorized carrier shall also enter into a transshipment bond with the commissioner of customs (prev.), west Bengal in the form and manner prescribed by the said commissioner. The bond shall be of an amount equivalent to twice the value of goods to be transshipped."

"With a view to facilitating the and leveraging the potential of inland waterways for enhancing trade and transit, it has decided to allow the transshipment of containerized export goods of Bangladesh through India using riverine and rail routes," according to the section 3.1 of the circular.

Good to see your prediction came true that transshipment of BD merchandises in an Indian port is meaningless without BD getting benefits.

BD would have suffered in an Indian port by the gross negligence of jealous Indian officials. They would delay Tran shipments of our goods.

A few months later BD will provide transshipment facilities to goods to and from Indian NE, Kolkata, and the ports in Indian east coast. BD deep seaport will be ready shortly.

Indian export and import goods can be transferred in our port. However, miser Indian shippers will have to pay money in dollar cash.

 

[Bilal9]

Good to see your prediction came true that transshipment of BD merchandises in an Indian port is meaningless without BD getting benefits.

BD would have suffered in an Indian port by the gross negligence of jealous Indian officials. They would delay Tran shipments of our goods.

A few months later BD will provide transshipment facilities to goods to and from Indian NE, Kolkata, and the ports in Indian east coast. BD deep seaport will be ready shortly.

Indian export and import goods can be tea shipped in our port. However, miser Indian shippers will have to pay money in dollar cash.

I doubt there will be a lot of trans-shipment of Indian containers through Bangladesh territory and ports.

Indian commerce and MOFA ministries have high hopes, but like you said, Indian traders are misers and will not pay in cash for transshipments to export anything through Bangladesh.

Also, these Indian seven sisters states will always do better supplying our raw materials and consume our value added products, given the state and sophistication of their industrialization as far as I know.

It is only natural. To try to make the seven sisters exports powerhouses through Bangladesh will never work, and will be very costly.

We will of course hold their exports captive, and they probably will not want it that way.

Much easier to sell us the seven sisters raw materials, and have us process and value-add to our export basket by ourselves.