Partial exporters are allowed to import raw materials duty-free by providing bank guarantees, according a government notification.

The notification, issued on September 25, 2025, targets export-oriented industrial enterprises that are unable to obtain bonded warehouse licenses under the existing bond management system.

Under the notification, eligible importers can bring in raw materials or products without paying customs duties or taxes, provided they submit bank guarantees equivalent to the assessed duties and taxes determined by customs authorities.

In a press release, the National Board of Revenue (NBR) said the move is expected to help enterprises maximise production capacity, diversify exportable products, and expand the country`s export trade.

The NBR Chairman recently told business representatives that exporters without bond licenses can now import raw materials duty-free by obtaining a guarantee from a bank, ensuring that the imported items will be used solely for export purposes and not sold in the local market.

Under the existing bond system, export-oriented enterprises import raw materials and accessories duty-free, storing them in bonded warehouses for manufacturing export products.

If these goods are sold domestically, the companies must pay substantial import duties.