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Press release by Department of Trade

Following the successful implementation of Bhutan Trade FinNet (BTFN) System Phase-I from December 2022, the Department of Trade in collaboration with Royal Monetary Authority, Department of Industry and Department of Revenue and customs  launched BTFN system Phase-II on 3rd April 2023. The launch ceremony was graced by the Hon’ble Lyonpo Karma Dorji, Ministry of Industry, Commerce and Employment and Dasho Penjore, Governor, Royal Monetary Authority.

The following services under BTFN Phase-II will be piloted from 3rd April – 30th June 2023 to     ensure smooth transition and system stability. During the pilot phase, all traders and entities are encouraged to avail online services and provide feedback for the improvement of the system.

Kindly note that with effect from 1st July 2023, only online application through BTFN system will be accepted for all categories of services. The BTFN system can be accessed using: https://www.btfn.bt/BTFN/login/loginbtfn.jsp#

Pilot Period   Department Service Category 
 

 

April-May, 2023

 DoT & DoI
  • Import license for Large Retailers
  • Import license for Import of Spare parts & Accessories, Plant & Machineries by Medium & Large Manufacturing Units
  • Certificate of Origin for Export to COTI.
Banks
  • Bank Application Process for Goods Related Transactions (Imports & Exports)
May, 2023 DoT & DoI
  • Import license by Large & Medium Retailers and Government Agencies
  • Import License for Import of Spare parts & Accessories, Plant & Machineries by CSI Manufacturing Units
  • Export Registration for Export to India
  • Import Registration for import from India
June, 2023 DoT & DoI
  • Import license for Government agencies, Large, Medium and Small Retailers.
  • Annual Raw Materials Requirements Applications by Manufacturing Units.
  • Import License for Import of Raw Materials by large, Medium & CSI Manufacturing Units
Banks
  • Bank Application Process for Services Related Transactions (Payments & Receipts)

For clarifications and support during application, please contact following BTFN Focal.

Departments/Region Contact Person Contact No
DoT-Thimphu Mr. Sangay Chophel, MOICE 02328334/17708166
General System Issues Mr. Tashi Gyeltshen, RMA

Mr. Yeshey Dorji, RMA

Mr. Nidup Tshering Dorji, RMA

 17933912

17684781

17965517
Technical Issues Related to BTFN System Mr. Dawa Tshering, Yangkhor Pvt Ltd

Mr. Deepak, Yangkhor Pvt Ltd

 17657268

77381998
RoEA-Phuentsholing Mr. Kinley Tshering 17555555
RoEA-Gelephu Ms. Tshering Lham 17920578
RoEA-Trongsa Mr. Jamyang Tenzin 17934759
RoEA-Thimphu Mr. Dhurba Giri 17829595
RoEA-SamdrupJongkhar Mr. Nidup Dorji 17616050
RoEA-Mongar Mr.Ugyen Samdrup 17637451

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