Import duty on refined sugar, date withdrawn
Saturday, 15 August 2009
The government has reduced and withdrawn import duty, value-added tax (VAT) and regulatory duty on some essential items to keep the prices stable in the forthcoming month of Ramadan, reports BSS.
According to a press release issued by the National Board of Revenue (NBR) Friday, the government has decided to totally withdraw the existing duty of Tk 4,000 per tonne on the import of unrefined sugar.
The duty on refined sugar per tonne will be slashed to Tk 3,000 from the existing Tk 7,000.
The present 25 per cent import duty and 5.0 per cent regulatory duty on dates will be withdrawn completely.
The new rates of taxes will be effective from August 15, the NBR release said.
The import of pulses, gram and onion are already duty-free, the release added.
According to a press release issued by the National Board of Revenue (NBR) Friday, the government has decided to totally withdraw the existing duty of Tk 4,000 per tonne on the import of unrefined sugar.
The duty on refined sugar per tonne will be slashed to Tk 3,000 from the existing Tk 7,000.
The present 25 per cent import duty and 5.0 per cent regulatory duty on dates will be withdrawn completely.
The new rates of taxes will be effective from August 15, the NBR release said.
The import of pulses, gram and onion are already duty-free, the release added.