2015-02-10

Added · Updated

FEOD Circular Letter No. 02: Payment of 0.50% Freight Brokerage Charge by Shipping Company/Agent to Shippers Council of Bangladesh

The Foreign Exchange Operations Department of Bangladesh Bank restores the validity of Circular Letter No. 01 dated August 1, 2011, which mandates that shipping companies or agents pay a 0.50% freight brokerage charge to the Shippers Council of Bangladesh. This reinstatement follows the High Court Division's dismissal of Rule 1875/2012 and the cancellation of a previous stay order. Approved dealer banks are instructed to inform their relevant branches of this directive.

Bangladesh Bank logo

Bangladesh

Bangladesh Bank

Click to view thumbnail

Foreign Exchange Operations Department Bank of Bangladesh Head Office Dhaka. Website: www.bb.org.bd

Date: Magh 28, 1421 February 10, 2015

Circular Letter No.-02

To All Approved Dealer Banks Head Office / Principal Office

Dear Sir,

Re: Payment of 0.50% Freight Brokerage Charge by Shipping Company/Shipping Agent to Shippers Council of Bangladesh (SCB).

Reference is drawn to your attention to Circular Letter No. 01 dated August 01, 2011 of this department on the subject cited above.

In this context, it is mentioned that in the matter of Writ Petition No. 1875/2012, the High Court Division of the Honorable Supreme Court has dismissed the rule of the case and declared the previously issued stay order as cancelled. In light of this, the validity of the aforementioned circular is restored.

It is advised to inform your relevant approved dealer branches of the above instructions.

Please acknowledge receipt.

Yours faithfully,

(Md. Aulad Hossain Chowdhury) Deputy General Manager Phone: 95304 78

Ref No.-FEOD(Rem-1)711/312/2015-744 Date: 10/02/2015

Copies are sent for information and necessary action to:

  1. All branches of the Foreign Exchange Operations Department, Bank of Bangladesh, Head Office, Dhaka.
  2. All Divisional Heads, Bank of Bangladesh, Head Office, Dhaka.
  3. General Manager, Bank of Bangladesh, Motijheel, Dhaka/Chittagong/Khulna/Bogura/Sylhet/Barishal/Rangpur/Sadarghat, Dhaka.
  4. Private Secretary to the Governor, Bank of Bangladesh, Head Office, Dhaka.
  5. Deputy Director/Assistant Director attached with the Deputy Governor, Bank of Bangladesh, Head Office, Dhaka.
  6. Private Secretary/Assistant Director to Executive Directors/Financial Advisers, Bank of Bangladesh, Head Office, Dhaka.
  7. Executive Director, Bank of Bangladesh Training Academy, Mirpur-2, Dhaka.
  8. Secretary, Banking and Financial Institutions Department, Ministry of Finance, Government of the People's Republic of Bangladesh, Bangladesh Secretariat, Dhaka.
  9. Secretary, Ministry of Commerce, Government of the People's Republic of Bangladesh, Bangladesh Secretariat, Dhaka.
  10. Secretary, Ministry of Shipping, Government of the People's Republic of Bangladesh, Bangladesh Secretariat, Dhaka.
  11. Chairman, Shippers Council of Bangladesh, Elite House (10th Floor), 54, Motijheel B/A, Dhaka-1000.

(Md. Raiyuddin Bhuiyan) Deputy Director Phone: 3828

More like this from BB

BB published 33 documents in the last 30 days. We email you each new one the day it's published.

Topics
fx
Share