Regulatory Alerts2020-10-21
Added · Updated
FEPD Circular No. 46: Import of Gold Jewellery
Import of gold jewellery is now restricted to Authorized Gold Dealers (AGDs) operating under the Gold Policy, 2018. This requirement applies to all Authorized Dealers in Foreign Exchange in Bangladesh and is effective immediately. The directive references paragraph 4, chapter-6 of the Guidelines for Foreign Exchange Transactions (GFET)-2018, Vol-1, subject to the Import Trade Control Regulations.
Foreign Exchange Policy Department Bangladesh Bank Head Office Dhaka www.bb.org.bd FE Circular No. 46 Date: October 21, 2020 All Authorized Dealers in Foreign Exchange in Bangladesh Dear Sirs, Import of Gold Jewellery. Please refer to paragraph 4, chapter-6 of the Guidelines for Foreign Exchange Transactions (GFET)-2018, Vol-1 regarding import of jewellery and precious stones, subject to the Import Trade Control Regulations. 2. In view of the trade regulatory framework, now it has been decided that import of gold jewellery is to be executed by Authorized Gold Dealers (AGDs) within the purview of the Gold Policy, 2018. Please bring the contents of this circular letter, effective immediately, to the notice of all concerned. Yours faithfully, (Mohammad Khurshid Wahab) General Manager Phone: 9530123
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