Bhutan Launches Customs Rules and Regulations 2017

27 December 2017

Bhutan’s Ministry of Finance launched the Customs Rules and Regulations (CRR) of Bhutan 2017 on 27 December 2017, in follow up to the passage of the Customs Act of Bhutan 2017 on 4 May 2017, and its implementation on 21 June 2017, to

  • Ensure effective and efficient collection of revenue from trade;
  • Facilitate trade by promoting and providing high quality services; and
  • Ensure predictability and transparency of Customs procedures

The CRR of Bhutan 2017 defines provisions including classification of goods, Customs valuation, temporary admission, clearance procedures, and authorized compliant traders. It also highlights roles and responsibilities of the Department of Revenue and Customs (DRC), Regional Revenue and Customs Offices, Liaison and Transit Office, and Customs stations and areas, as well as the responsibility and accountability of Customs.

Supplementing the Customs Act of Bhutan 2017, the CRR of Bhutan 2017 supports

  • Control of movement of goods and people and conveyance across national territorial borders;
  • Facilitation of legitimate international trade;
  • Simplifying and harmonizing Customs procedures and processes;
  • Compiling and publishing of Merchandise Trade Statistics;
  • Coordinating and partnering with other relevant government departments and agencies;
  • Consulting and partnering with the business community and private sectors; and
  • Ensuring security in cross-border trade in goods.

The Customs Act of Bhutan 2017 and the CRR of Bhutan 2017 apply to any entity importing, exporting, transiting, transshipping, and warehousing goods by land, water, and air in Bhutan. Part II of the Rules on the Sales Tax, Customs, and Excise Act of the Kingdom of Bhutan 2000 has been repealed in these documents.

The South Asia Subregional Economic Cooperation Program assisted DRC in development of the Customs Act and the CRR of Bhutan 2017, under a national technical assistance project, financed by the Japan Fund for Poverty Reduction and administered by the Asian Development Bank.


Related Links:

The Government of India has tasked the Asian Development Bank (ADB) to undertake a study on coastal shipping....

Read More

An elevated toll highway to be built between the New Kelani Bridge and Galle Face in central Colombo...

Read More

Mr. Suresh Prabhu, Minister of Commerce and Industry and Civil Aviation, Government of India, and Mr. Tofail Ahmed,...

Read More

Bangladesh Prime Minister Sheikh Hasina and India Prime Minister Narendra Modi, in a video conference, jointly inaugurated the...

Read More

A team of technical experts from Nepal, headed by Mr. Madhav Belbase, Secretary, Nepal Water and Energy Consumption,...

Read More

The Bangladesh Cabinet approved the proposal to allow India access to its Chittagong and Mongla ports to transport...

Read More

The bus service connecting Bihar, India, to Nepal, was flagged off on 11 September 2018 by Mr. Nitish...

Read More