Frequently Asked Questions (FAQs) Question and Answer
Q. What is IMP Form? How is it used?
The form which is used by importer to apply to ADs for payments against imports into Bangladesh is called IMP form. [ Para 28, Chapter 7].
The IMP forms shall be submitted in one original by the importer or his duly authorized representative.
To effect remittance against import, AD shall endorse its approval on the reverse of the IMP form in the space provided for the purpose;
After payment, AD will report the IMP through online;
AD will not submit the IMP to Bangladesh Bank, if not demanded by it.
AD will match the particulars of IMP with those of Bill of Entry;
ADs shall retain the IMP Form and relevant Bill of Entry with full set of import documents including LCA Form with them for record and eventual inspection for a period of 5(five) years.
In respect of cases which are under investigation by Bangladesh Bank inspection team/other Government agencies, the IMP Form and full set of import documents including Bill of Entry shall be disposed of only after obtaining clearance from the inspection team/Government agency concerned. [ FE Circular 06, 09-07-15, Para 31, Ch 7, GFET]
The latest modified copy of IMP form is prescribed vide FE Circular Letter No 22, 2015.
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