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4. Excise duty is levied on a few excisable goods, e.g. cotton, gray cloth, bidi, etc.
5. Customs duties are based on the value of goods imported or exported. Inspectors of
land custom and airport custom and appraisers of customs houses propose the
appraisement and assessment of duty. The assessments are subject to approval by
the Principal Appraisers/Superintendents in these offices.
7. The basis for computation of customs duty has been recently changed. It is now
computed on the basis of import value certified by the pre-shipment inspection
(PSI) agencies. Previously the customs authorities determined the tariff value.
Certain items of imports are, however, exempt from certification by pre-shipment
inspection agencies.
8. Customs & Excise duties can be paid into branches of Bangladesh Bank or the
designated branches of Sonali Bank or through an Account Current as per Customs
Act, 1969.
9. There are a substantial number of records and documents available for audit
covering everything from bills of entry/export, import/export ledgers, shipping
documents and invoices, pre-shipment certificates, registers of customs duty
receipts, treasury challans and Accounts Current. A fuller list is given in
Appendix 1.
10. An example of a computation of customs duties and related taxes is shown below:
12. The main risks and possible controls on customs duties are listed below:
13. Substantive audit tests should be carried out on a sample basis following the review
of procedures above, based on the checklist in Appendix 2.
Concurrent Audit
14. Resident Audit Teams known as Concurrent Audit Parties have been placed in the
Custom Houses in order to primarily check the custom duty and tax assessed and
collected immediately after the process is completed, so that Government revenue is
not lost due to under assessment of duty. Examination of the duty assessment and
collection on the Bills of Entry/ Bills of Export immediately after the transactions is
necessary because if there is any under assessment of duty, the difference duty
amount can only be recovered if actions are taken within a limited time frame fixed
by Section 32(3) of Customs Act, 1969.
15. Concurrent Audit Parties based in the Chittagong, Khulna and Dhaka Custom
Houses are entrusted mainly with the responsibilities of checking all papers relating
to: a) Bills of Entry, b) Bills of Export, c) Bonded Goods, d) Baggage Bills, e) Post
Parcel Bills, f) Auction and Removal List, g) Duty Drawback and h) Refunds on
Assessment etc.
16. Besides the functions indicated above, the concurrent audit teams also carry out an
expenditure audit of the custom houses like any other Audit Party under
programmes prepared by the Local and Revenue Audit Directorate (See Local
Audit Manual for guidance).
17. Since substantial Government revenue is derived from custom duty, proper
functioning of these teams can not be overemphasized. It is therefore imperative
that personnel with appropriate expertise are placed in these audit teams.
Audit Objective
19. A huge number of bills of entry, bills of export and other bills are appraised and
assessed for duties everyday. It is possible that bills are under assessed causing loss
of revenue to the Government. The objective of audit is, therefore to ensure that less
revenue is not collected than due to the Government and recoveries if any, can be
made within the time fixed by the law.
Audit Programme
20. The attached programme should be followed for each batch of work.
Audit Programme
Custom House
Name of office _________________________________ Financial year ___________
Appendix 1
Schedule of Main Documents and Records
Customs Duty
Excise Duty
Appendix 2
Allocation
Write - offs
Refunds