Service provider
Value Declaration Service in Bangladesh
Ensure accurate customs valuation and avoid import delays — Segunbagicha Consultancy provides expert Value Declaration support in Bangladesh.
When importing or exporting goods in Bangladesh, businesses must declare the true commercial value of their goods to customs through the Value Declaration Form (VDF).
This declaration helps the National Board of Revenue (NBR) determine customs duties, VAT, and taxes based on accurate data.
At Segunbagicha Consultancy, we assist you in preparing and submitting all necessary Value Declaration documents — ensuring compliance, accuracy, and fast customs clearance.
What Is Value Declaration?
A Value Declaration is an official statement made by an importer/exporter declaring the transaction value of goods for customs assessment.
Under the Bangladesh Customs Act, every importer must declare the CIF (Cost, Insurance & Freight) value of imported goods to ensure proper tax and duty calculation.
This declaration helps customs authorities:
Prevent undervaluation or overvaluation
Apply correct tariff rates
Ensure transparency in international trade
Why Value Declaration Is Important
✅ Legally required by Bangladesh Customs & NBR
✅ Ensures correct tax and duty assessment
✅ Avoids fines, penalties, or shipment holds
✅ Speeds up import/export clearance
✅ Builds trust with customs and trade authorities
Step-by-Step Process for Value Declaration
1. Collect Transaction Details
We collect commercial invoices, packing lists, and shipping documents.
2. Prepare Value Declaration Form (VDF)
Our experts prepare the Value Declaration Form as per NBR’s official format.
3. Verify Customs Tariff & HS Code
We ensure that your goods are classified correctly to apply proper duty rates.
4. Submission to Customs/NBR Portal
We submit the declaration through the ASYCUDA or NBR online portal for official verification.
5. Customs Assessment & Approval
Customs verifies and approves your declared value, clearing your shipment for release.
💡 We coordinate directly with customs officers to prevent delays or valuation disputes.
Required Documents for Value Declaration
To process your Value Declaration, you’ll need:
Commercial Invoice
Packing List
Letter of Credit (L/C) or Bank Payment Proof
Bill of Lading / Air Waybill
Import Registration Certificate (IRC)
TIN & BIN Certificates
VAT Registration
Product Description with HS Code
Insurance Document
Proforma Invoice (if applicable)
💡 We review and organize all documents to match NBR and customs requirements.
When You Need a Value Declaration
✅ Importing goods for commercial use
✅ Exporting goods under trade license
✅ Customs clearance for bonded warehouses
✅ BIDA or industrial import registration
✅ Applying for Import License (IRC) or Export License (ERC)
Our Value Declaration Services
Segunbagicha Consultancy offers:
Preparation of Value Declaration Form (VDF)
HS Code verification and tariff classification
NBR and customs submission
Liaison with clearing agents
Compliance review and documentation support
Consultancy for customs audit or valuation dispute resolution
Why Choose Segunbagicha Consultancy
✅ Experienced in NBR and customs processes
✅ Fast, accurate, and compliant service
✅ End-to-end documentation handling
✅ Liaison with clearing and forwarding agents
✅ Affordable and transparent pricing
Frequently Asked Questions (FAQs)
Q1. What happens if I don’t submit a Value Declaration?
Your shipment may be delayed, fined, or held by customs until proper value is declared.
Q2. Who approves the Value Declaration Form?
It’s verified and approved by the Customs Valuation and Internal Audit Commissionerate under NBR.
Q3. How long is the declaration valid?
It’s valid for the specific import transaction — each new shipment requires a separate declaration.
Q4. Do you assist with online submission?
Yes — we handle both manual and online submissions to customs.
Q5. Can I declare value for multiple products at once?
Yes, multiple items can be declared in one form if under the same shipment/invoice.
Call to Action
Avoid customs complications — ensure your import or export goods are properly declared.
Let Segunbagicha Consultancy manage your Value Declaration Form (VDF) quickly and professionally.
📞 Call: +880 1933-353509
📧 Email: info@segunbagicha.com
