, Nov. 16 -- The National Board of Revenue (NBR) is set to make the use of its Bond Automation System compulsory after nearly 10 months of trial implementation, as authorities believe mandatory adoption is essential to fully realise the intended efficiency, transparency and facilitation benefits for export-oriented industries.

The update came during the third phase of the 'Meet the Business' stakeholder consultation on the 'Bond Automation System - UP Module' held on Sunday with representatives from the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), Bangladesh Garments Accessories and Packaging Manufacturers and Exporters Association (BGAPMEA), Bang...