Wednesday, April 24, 2024
spot_img

Bangladesh cuts import tariffs on selected consumer items

Date:

Share post:

spot_img
spot_img

Shillong, February 8: Bangladesh on Thursday withdrew customs tariff and slashed regulatory duty on rice, sugar and dates, and lifted value-added tax (VAT) on edible oil with immediate effect.

In a notification, country’s National Board of Revenue (NBR) withdrew a 25 per cent customs duty for rice import, and lifted VAT on edible oil. It reduced the specific duty for import of raw sugar to 1,000 taka per tonne from 1,500 taka earlier, Xinhua news agency reported.

Also, the revenue board slashed import duty for dates to 15 per cent from 25 per cent in an effort to keep prices affordable during the Muslim holy fasting month of Ramadan, which is to begin here on or around March 11. (IANS)

spot_img
spot_img

Related articles

Opposition INDIA bloc working on ‘one year, one PM’ formula: PM Modi

Betul (Madhya Pradesh), April 24:  Urging people to be cautious of Congress' 'agenda', Prime Minister Narendra Modi said...

Sushant Singh Rajput’s pic with Dhoni and baby daughter goes viral, fans get emotional

Mumbai, April 24:  A throwback monochrome photograph featuring late Bollywood star Sushant Singh Rajput has gone viral on...

Legend recognises legend: A.R. Rahman wishes Taylor Swift all the best for her new album

Mumbai, April 24: Oscar and Grammy-winning music composer A.R. Rahman has wished American singer-songwriter Taylor Swift success for...

PM Modi hopes new Ramakrishna Mission President will guide society to ‘greater wisdom and compassion’

New Delhi, April 24:  Prime Minister Narendra Modi on Wednesday extended his best wishes to Swami Gautamanandaji Maharaj...