Bangladesh customs has offered a fresh tax benefit to the Rampal coal-fired power plant, akin to other power plants, on import of spare parts.
The customs wing of the National Board of Revenue (NBR) issued a Statutory Regulatory Order (SRO), dated March 18, 2024, offering the benefit for up to 12 years or the existing contract tenure, whichever is lower, from the starting of commercial production of the plant.
The power plant would be able to import spare parts up to 10 per cent of the principal value of the imported plant or equipment chalan.
The 1,320 megawatt power plant is located at Rampal Upazila of Bagerhat District in Khulna.
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Rampal power plant gets fresh tax benefit
FE Report | Published: March 23, 2024 23:04:36
Rampal power plant gets fresh tax benefit
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