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Bangladesh Bank introduces online submission of 'EXP Form' for exports

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EXP Form is a vital document while exporting goods from Bangladesh. Recently Bangladesh bank introduces online generation and submission of EXP form documents which is explained well in this document:

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What is HS Code?

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HS stands for Harmonized System. It was developed by the WCO (World Customs Organization) as a multipurpose international product nomenclature that describes the type of good that is shipped. Today, customs officers must use HS code to clear every commodity that enters or crosses any international borders.

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What is INCOTERM and why it is important?

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The Incoterms® rules feature abbreviations for terms, like FOB (“Free on Board”), DAP (“Delivered at Place”) EXW (“Ex Works”), CIP (“Carriage and Insurance Paid To”), which all have very precise meanings for the sale of goods around the world.

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