This slide summarizes customs act of Bangladesh in 10 simple slides. It focuses on stamp act, adhesive and special adhesive stamps. Furthermore, it also includes information about non-judicial, embossed and judiciary stamps.

1. Customs Act
Presented by
Chowdhury Liakat Ali
Director (SFD)
Sustainable Finance Department
Bangladesh Bank
Head Office, Dhaka.

2. Enactment and Objectives
● The Customs Act, 1969 of Bangladesh aims to protect imports and
exports, coordinate with other foreign exchange laws, safeguard
domestic trade, and protect revenue.
● The Customs Services Department's primary function is to assess,
collect, and account for import duties and taxes, which help improve
the standard of living in the home country.
● Readers and bankers are strongly advised to refer to the original law
for any matters related to the levy and collection of customs-duties and
other allied matters covered by the Customs Act, 1969.

3. Customs Act
20 Chapters
233 Sections

4. Stamp Act 1899
● Stamp duty must be paid on all chargeable instruments before or at the
time of execution, and an unstamped or insufficiently stamped document
is not admissible in court.
● Certain authorities may allow unstamped documents to be admitted as
evidence upon payment of penalties and required stamp duty.
● However, promissory notes, bills of exchange, and acknowledgements
of debt are invalid documents without proper stamping and cannot be
used as the basis for a lawsuit or enforcement by banks.

5. Adhesive Stamp
● Adhesive stamps affixed to documents like promissory notes,
receipts, and acknowledgements of debt must be cancelled by the
borrower to prevent reuse.
● Cross marks or signatures should be used for cancellation.
● Failure to cancel adhesive stamps results in an unstamped
document that cannot be used as evidence.
● Postage stamps cannot be used for stamping documents.

6. Special Adhesive Stamp/Impressed Stamp
● Impressed or engrossed stamps are applied to documents by
the collector or an appropriate authority.
● Special adhesive stamps are used on bank charge documents,
which are printed standard forms that banks submit with the
necessary stamp duty payment to the collectorate for
stamping.
● The collector or appropriate authority applies stamps to the
forms based on the current stamp duty rates.

7. Non-Judicial Stamp
● Non-judicial stamps are produced by the government and printed on
paper known as non-judicial stamp paper.
● These papers are available in various denominations and are used for
executing agreements such as indemnity bonds, sale deeds, and
mortgage deeds.
● The amount of stamp duty required for each document differs and is
listed in a schedule.

8. Embossed Stamp
● Embossed stamps are commonly used by government and semi-
governmental authorities, as well as notary public, to stamp documents
using a pressing machine.

9. Judiciary Stamp
● Judicial stamps are primarily used for legal purposes, including filing
lawsuits and paying ad-valorem court fees. Judicial stamp paper is also
used in court for obtaining certified copies of decrees.