Import stage National Tariff 2018-2019

Import stage National Tariff 2018-2019

Import stage National Tariff 2018-2019 (CD, SD, VAT, AIT, RD and ATV) is most important to import a recondition car from abroad. The budget in 2018-2019 species from National Sangsad is given by Finance Minister. The newly 2018-2019 National Tariff of Bangladesh on import stage CD, SD, VAT, AIT, RD and ATV are on below on Recondition car above 1000CC or Below 1000CC, 1500CC.

HSCODE DESCRIPTION CD SD VAT AIT RD ATV TTI EXD
87022049 Built-up, having a seating capacity not >15, incl. the driver, excl. human hauler 25.00 0.00 15.00 5.00 3.00 5.00 60.31 0.00
87022050 CKD Motor vehicles 10.00 0.00 15.00 5.00 0.00 5.00 38.47 0.00
87023010 With both spark-ignition internal combustion reciprocating piston engine & electric.. 5.00 0.00 15.00 5.00 0.00 5.00 32.40 0.00
87023020 With both spark-ignition internal combustion reciprocating piston engine & electric.. 10.00 0.00 15.00 5.00 0.00 5.00 38.47 0.00
87023030 Built-up, having a seating capacity >15 but not exceeding 40, including the driver 10.00 0.00 15.00 5.00 0.00 5.00 38.47 0.00
87023041 Built-up, having a seating capacity not >15, incl. the driver, human hauler 25.00 0.00 15.00 5.00 3.00 5.00 60.31 0.00
87023049 Built-up, having a seating capacity not >15, incl. the driver, excl. human hauler 25.00 0.00 15.00 5.00 3.00 5.00 60.31 0.00
87023050 CKD motor vehicles 10.00 0.00 15.00 5.00 0.00 5.00 38.47 0.00
87024000 With only electric motor for propulsion 25.00 0.00 15.00 5.00 3.00 5.00 60.31 0.00
87029011 Built-up, Double Decker bus, Using CNG/LPG/LNG as fuel 5.00 0.00 0.00 0.00 0.00 5.00 11.65 0.00
87029019 Built-Up Double Decker Bus, Not Using Cng As Fuel 5.00 0.00 15.00 5.00 0.00 5.00 32.40 0.00
87029021 Built-up, having a seating cap of 40 or more exc. folding seats, CNG/LPG/LNG as fuel 10.00 0.00 15.00 0.00 0.00 5.00 33.47 0.00
87029029 Built Up Motor Vehicles,Capacity Of 40 Or More, Not Using Cng As Fuel 10.00 0.00 15.00 5.00 0.00 5.00 38.47 0.00
87029030 Built-Up,Having A Seating Capacity exceeding 15 but not exceeding 40,incl Driver 10.00 0.00 15.00 5.00 0.00 5.00 38.47 0.00
87029040 Built-Up,having a seating capacity not exceeding 15,including the driver 25.00 30.00 15.00 5.00 3.00 5.00 106.90 0.00
87029051 Having a seating cap. of 40 or more excl.folding seats using CNG/LPG/LNG as fuel, CKD 10.00 0.00 0.00 0.00 0.00 5.00 16.97 0.00
87029059 Other motor vehicles in CKD condition, excl. seat… 40 or more.. CNG/LPG/LNG as fuel 10.00 0.00 15.00 5.00 0.00 5.00 38.47 0.00

Import Stage Duty Calculation


87031000 Vehicles specially designed for travelling on snow; golf cars and similar vehicles…… 25.00 20.00 15.00 5.00 3.00 5.00 91.37 0.00
87032111 Vehicles with spark-ignition engine of cy. Capa.<1000cc In CBU, 3 wheeled 25.00 20.00 15.00 5.00 3.00 4.00 89.42 0.00
87032119 Vehicles with spark-ignition engine of cy. Capa.<1000cc In CKD, 3 wheeled 25.00 20.00 15.00 5.00 3.00 5.00 91.37 0.00
87032121 Recond. Motor cars & oth. vehicles; incl.stn.wagons,CBU, cylinder capacity not>1000 cc 25.00 45.00 15.00 5.00 3.00 4.00 127.84 0.00
87032122 Reconditioned Motor cars, CKD, cylinder capacity not >1000 cc 25.00 20.00 15.00 5.00 3.00 5.00 91.37 0.00
87032123 Reconditioned other vehicles, CKD, Cylinder Capacity <=1000cc 25.00 20.00 15.00 5.00 3.00 5.00 91.37 0.00
87032124 Reconditioned Microbus, CBU, capacity not >1000cc 25.00 45.00 15.00 5.00 3.00 4.00 127.84 0.00
87032131 Other Motor cars & oth. vehicles; incl.stn.wagons,CBU, cylinder capacity not >1000 cc 25.00 45.00 15.00 5.00 3.00 4.00 127.84 0.00
87032132 Other Motor cars,CKD, cylinder capacity not >1000 cc 25.00 20.00 15.00 5.00 3.00 5.00 91.37 0.00
87032133 Other vehicles, CKD, (Excl.Recon.) capacity <=1000 CC 25.00 20.00 15.00 5.00 3.00 5.00 91.37 0.00
87032134 Other Microbus, CBU, capacity not >1000cc 25.00 45.00 15.00 5.00 3.00 4.00 127.84 0.00
87032211 Recond.Motor Cars & oth. Vehicles,incl.stn. wagons,CBU, cap.>1000cc,but=<1500cc 25.00 45.00 15.00 5.00 3.00 4.00 127.84 0.00
87032212 Recond.Motor Cars,CKD, capacity >1000cc,but=<1500cc 25.00 20.00 15.00 5.00 3.00 5.00 91.37 0.00
87032213 Reconditioned other vehicles,CKD, capacity >1000cc,but=<1500cc 25.00 20.00 15.00 5.00 3.00 5.00 91.37 0.00
87032214 Reconditioned Ambulance fitted with essen. equp. capacity >1000cc,but =<1500cc 5.00 0.00 15.00 5.00 0.00 4.00 31.07 0.00
87032215 Reconditioned Microbus, CBU, capacity >1000cc, but <=1500cc 25.00 45.00 15.00 5.00 3.00 4.00 127.84 0.00
87032221 Other Motor Cars & Vehicles,incl.stn. wagons,CBU, cap.>1000cc,but=<1500cc 25.00 45.00 15.00 5.00 3.00 5.00 130.19 0.00
87032222 Other Motor Cars, CKD, capacity >1000cc,but=<1500cc 25.00 20.00 15.00 5.00 3.00 5.00 91.37 0.00
87032223 Other vehicles, CKD,cap.>1000cc,but=<1500cc 25.00 45.00 15.00 5.00 3.00 5.00 130.19 0.00
87032224 Other Ambulance fitted with essential equp. cap.>1000cc,but=<1500cc 5.00 0.00 15.00 5.00 0.00 4.00 31.07 0.00
87032225 Other Microbus, CBU, capacity >1000cc, but <=1500cc 25.00 45.00 15.00 5.00 3.00 4.00 127.84 0.00
87032311 Recond. Motor Cars and oth. Vehicle, incl.stn. wagon,CBU, cap. >1500cc,but =<1600cc 25.00 45.00 15.00 5.00 3.00 5.00 130.19 0.00
87032312 Recond. Motor Cars,CKD, cap. >1500cc,but =<1600 cc 25.00 20.00 15.00 5.00 3.00 5.00 91.37 0.00
87032313 Recond. other vehicles,CKD, capacity >1500cc,but =<1600 cc 25.00 20.00 15.00 5.00 3.00 5.00 91.37 0.00
87032314 Recond. Ambulance fitted with essential equip.., capacity >1500cc but <=1600cc 5.00 0.00 15.00 5.00 0.00 4.00 31.07 0.00
87032315 Reconditioned Micorbus,CBU, Capacity >1500CC and <=1600CC 25.00 45.00 15.00 5.00 3.00 4.00 127.84

Incoterms Involvement to Seller And Buyer

Incoterms Involvement to Seller And Buyer

Incoterms involvement to Seller And Buyer is most important. A set of 11 internationally recognized rules. This are define the responsibilities of sellers and buyers responsibility. Incoterms indicate that who is responsible for paying, managing the shipment, insurance, documentation, customs clearance, and other logistical activities.

Mode of Transport

A set of 11 internationally recognized rule are 1<< EXW_Ex Works 2<< FCA_Free Carrier 3<< CPT_Carriage Paid to 4<< CIP_Carriage and Isurance Paid to 5<< DPU_Delivery at Place Unloaded 6<<DAP_Delivery At Palace 7<< DDP_Delivery Duty Paid 8<< FAS_Free Alongside Ship 9<< FOB_Free on Board 10<< CFR_Cost And Freight 11<<CIF_Cost, Insurance and Freight.

FREE CARRIER
Ex Works
Carriage Paid to
Delivery At Place Unloaded
Delivery At Place

We can also view the power point slide in below slide—-

Incoterms Involvement to Seller And Buyer
Incoterms Involvement to Seller And Buyer

Government has announced minimum wages of garments workers

Minimum Wage Govt. Announce

Government has announced minimum wages of garment workers. This wage has been announced for the minimum of Tk. 8000 (Eight) thousand BDT. Labor and Employment Minister Mujibul Haque Chunnu announced the wage of the emergency press conference in the Ministry of Labor and Employment in the Secretariat on Thursday (September 13th-2018)

The government formed a wage board for garment workers on January 14 this year. With the permanent four members of the garment factory owners’ organization, BGMEA president and one representative of the workers, this wage board has set the wages considering overall consideration.
Earlier, on 7 November 2013, the Gazette was published by fixing the minimum wage of garments workers Tk 5,300. This wage is effective from December of that year.

Garments Year Wise wages Impact
2013
GradeGazetteOthers
Allowances
HRBasic
Grade-1           13,000             1,100             3,400             8,500
Grade-2           10,900             1,100             2,800             7,000
Grade-3             6,805             1,100             1,630             4,075
Grade-4             6,420             1,100             1,520             3,800
Grade-5             6,042             1,100             1,412             3,530
Grade-6             5,678             1,100             1,308             3,270
Grade-7             5,300             1,100             1,200             3,000
2018
GradeGazetteOthers
Allowances
HRBasic
Grade-1           17,510             1,850             5,220           10,440
Grade-2           14,630             1,850             4,260             8,520
Grade-3             9,590             1,850             2,580             5,160
Grade-4             9,245             1,850             2,465             4,930
Grade-5             8,855             1,850             2,335             4,670
Grade-6             8,405             1,850             2,185             4,370
Grade-7             8,000             1,850             2,050             4,100
2019 (13/01/2019)
GradeGazetteOthers
Allowances
HRBasic
Grade-1           18,257             1,850             5,469           10,938
Grade-2           15,416             1,850             4,522             9,044
Grade-3             9,845             1,850             2,665             5,330
Grade-4             9,347             1,850             2,499             4,998
Grade-5             8,875             1,850             2,342             4,683
Grade-6             8,420             1,850             2,190             4,380
Grade-7             8,000             1,850             2,050             4,100
Wages Impact-2013, 2018 & 2019



So, how to calculate  factory wages for recent announcement by the Government Labor and Employment Minister Mujibul Haque Chunnu. The below calculation are each authority from Worker Leaders, BGMEA and Government. Here the calculation are obtained by Grade % Variation, Existence and New Wages. 

RMG Rejection Analysis Report

Cut Panel Rejection Analysis Report

RMG rejection analysis report also an another tools to followup improvement less rejection into process. When management daily followup the process by generating RMG rejection analysis report, departmental process concerns are effective work with his responsibility,

In RMG sectors there are 06 (Six) types of process. The every process has goes to through some rejection. Every Rejection should be reported by the departmental head to top management.

The 06 (Six) types of process are 1) Store & Inventory 2) Cutting 3) Sewing 4) Washing 5) Embroidery& Printing & 6) Finishing. Every process has rejection his won executed process. So, we can say that, rejection analysis report is most important to improve companies profit.

  1. Store & Inventory: Some rejection has occurre initially when fabric received from suppliers with quality fails to checking.
  2. Cutting: Some cut panel rejection has occurre when cutting department cut the fabric with CAD consumption.
  3. Sewing: Sewing rejection is common rejection to every garments factories. It has occurre by stitching, needling, Oiling and so on.
  4. Washing: Washing is also common rejection to every garments factories. It has occurre by lots of washing process.
  5. Embroidery & Printing: Embroidery & Printing rejection is included with cutting department by cut panel.
  6. Finishing: Here the rejection is occurre by concern buying QC or internal QA. The finishing rejection is most important to meet the full shipment. Lots of rejection has occurre in this department.

We can also download the Rejection Analysis Report from here>>>

Wastage Minimize Through Cutting Department Using CAD Consumption

Wastage Minimize by Cutting Department

Wastage minimize through cutting department is an another tools or technique to improve profitability. RMG Sectors are hampered to maintain his wastage by CAD consumption. CAD consumption is a ratio to maintained wastage fabric (Jhute).

The process on cutting department a complete fabric is input and output through cut panel by the CAD consumption. When delivered the fabric by store department to cutting department also adding wastage and excess cutting.

The excess cutting or cut panel to meet up the full shipment and process loss accordingly. Also excess cutting is more important to reduce short shipment. Short shipment are bad idea for companies to reduce buyer orders.

So, we can say that, Wastage Minimize Through Cutting Department Using CAD Consumption is more important to increase companies profit of RMG sectors. The below inventory tracker format is on cutting department.

Order Information Cutting Department 
Job no.BuyerStylePOOrder Qty
(Gmt. Pcs)
 Fab. Rcv’d from Store (In yd)  Fab. Cutting as per CAD
(In yd
 Actual Fabric Cutting
(In yd)
 
 Abnormal Loss Fabric (In yd)  Abnormal Loss Fabric In %  Marker Effi %  Cut Qty
(Gmt Pcs) 
 Excess Cutt. In %  Fab. Wastage (In Yd)  Fab. Wastage In %  Dlv. To Sew. Sec.
(Gmt Pcs) 
                
                
                
                
                
                
                
                
                
                
                
Cutting Department.

How to maintain the above table, you can watch the video by the link https://www.youtube.com/c/SaifSafe/featured?view_as=subscriber or comment us.

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