Jute traders seek waiving taxes on export
Wednesday, 4 March 2009
Bangladesh Jute Association (BJA) urged the government to waive all taxes on export of raw jute, reports UNB.
The demand was made at a pre-budget meeting with the National Board of Revenue (NBR) Monday with jute, textile and spinning mill sectors at its office. NBR Chairman Muhammad Abdul Mazid presided.
BJA Chairman Rezaul Karim said that the government patronisation is needed for marketing and export of raw jute. He pleaded for waiving all taxes, including VAT, on raw jute export.
Bangladesh Textile Mills Association (BTMA) President Abdul Hye Sarkar demanded for counting the tax holiday from the date the factory goes on production. He also demanded PSI waiver for import of capital machinery and spare parts for export oriented industries.
Terri towel Association president Let Col (retd) Anisuzzaman said the government should ensure the sector-wise assistance to face up the situation arising out of the current worldwide economic meltdown.
He said that in the last couple of months the export of Terri towel declined by about 15 per cent under the impact of the recession.
The demand was made at a pre-budget meeting with the National Board of Revenue (NBR) Monday with jute, textile and spinning mill sectors at its office. NBR Chairman Muhammad Abdul Mazid presided.
BJA Chairman Rezaul Karim said that the government patronisation is needed for marketing and export of raw jute. He pleaded for waiving all taxes, including VAT, on raw jute export.
Bangladesh Textile Mills Association (BTMA) President Abdul Hye Sarkar demanded for counting the tax holiday from the date the factory goes on production. He also demanded PSI waiver for import of capital machinery and spare parts for export oriented industries.
Terri towel Association president Let Col (retd) Anisuzzaman said the government should ensure the sector-wise assistance to face up the situation arising out of the current worldwide economic meltdown.
He said that in the last couple of months the export of Terri towel declined by about 15 per cent under the impact of the recession.