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News Falsely declared cement seized at Chattogram Port

Falsely declared cement seized at Chattogram Port

Written by Global Cement staff 17 June 2019
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Bangladesh: The Chattogram Customs Authority has seized 30 containers of cement imported under false declaration by Pran Dairy at Chattogram Port. Sources quoted by the Daily Sun newspaper said that the company has attempted to avoid paying the correct import tariffs by falsely declaring the consignment as high-density polyethylene (HDPE) for the UAE. However, when custom officials examined the shipment they found Saudi Arabian-branded cement instead.

A total of 10,200 sacks of 50kg bags of cement were found. The duty payable on HDPE is 32% compared to 91% for cement. The importer was attempting to avoid paying import tariffs of over US$350,000.

Last modified on 19 June 2019
Published in Global Cement News
Tagged under
  • Bangladesh
  • Port
  • Import
  • Tax
  • Fraud
  • Saudi Arabia
  • UAE
  • GCW410
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