The National Board of Revenue (NBR) has implemented only 69 recommendations out of 119 made by the Bangladesh Tariff Commission (BTC) over the last four fiscal years (FYs), officials said. Â
Only 58 per cent recommendations of BTC were implemented by the revenue board, pushing the Ministry of Commerce (MoC) to hold a stakeholders' meeting to discuss how to fully implement the recommendations.
"We are getting prepared to hold a meeting. We will sit with the BTC, the NBR and other stakeholders to sort out the bottlenecks to the way of implementing the recommendations," a high official of the MoC told the FE. Â
He said the MoC is working to send a letter to the Ministry of Finance.
The BTC in a letter to the MoC on December 10 last
year requested the ministry to arrange a meeting with the NBR and other stakeholders. In the letter, the BTC said that the NBR implemented/accepted only 69 recommendations out of total 119 made by it over the last four FYs.  Â
During the FY 2010-11, BTC sent 28 recommendations to NBR. And out of the number only 14 were implemented. Similarly it implemented only 13 recommendations out of 20 during the FY 2011-12. During the FY 2012-13 there were 31 recommendations but NBR implemented 16 and in the FY 2013-14 there were 32 recommendations and out of the number 21 were implemented by NBR.
According to section 10 (20) under schedule 1 of Rules of Allocation of Business 1996, framing tariff rules and fixing rates etc lie under the jurisdiction of the MoC. And according the BTC - which is under the MoC - has the responsibility to give recommendations on tariff rates and import and export duty structure.
Besides, under the Customs Act 1969 of 18 A, 18 B and 18 E the government gives responsibility to the chairman of BTC to look into the anti-dumping, counter-veiling and safeguard duty. Â
"We sent a letter to the MoC last month. We requested our ministry to hold a stakeholders' meeting. It will help us to reach perfection towards policy formulation and its implementation," BTC chairman Dr Md Azizur Rahman told the FE. Â
talhabinhabib@yahoo.com
NBR implements 58pc BTC recommendations in four fiscal years
Talha Bin Habib | Published: January 03, 2015 00:00:00 | Updated: November 30, 2024 06:01:00
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