Sunday 12 July 2020 ,
Sunday 12 July 2020 ,
Latest News
  • Coronavirus: Bangladesh reports 30 more deaths, 2,686 new cases
  • Coronavirus: Bangladesh reports 30 more deaths, 2,686 new cases
  • Rural economy going to be under pressure with returnees from cities: Experts
  • Global coronavirus cases top 12 million: JHU
  • BGB officially protests against Anandabazar report
  • Russia likely to have 3-4 coronavirus vaccines, says its health minister
  • Covid-19: Bangladesh reports 37 more deaths, 2,949 new cases
  • Global aid to education likely to fall: UNESCO
  • WHO urges aggressive virus measures as flare-ups spark new closures
  • Coronavirus Hotline Numbers: 01944333222, 16263, 333; website: www.corona.gov.bd
1 April, 2019 00:00 00 AM / LAST MODIFIED: 31 March, 2019 09:34:24 PM
Print
Imported new and reconditioned cars

NBR to consider removing duty disparity

BSS, Dhaka
NBR to consider removing duty disparity

National Board of Revenue (NBR) would consider removing the existing disparity between the duties on the imported new and reconditioned cars.

Chairman Md Mosharraf Hossain Bhuiyan said this in response to a demand raised by the leaders of Bangladesh Reconditioned Vehicles Importers and Dealers Association (BARVIDA) at a pre-budget meeting at NBR Auditorium yesterday.

“We would try to consider removing the duty disparity in next national budget,” he said, referring to the presentation on the duty structures regarding the imported new and reconditioned cars by the BARVIDA leaders.

The NBR chairman said the price of new car has to be fixed similarly with the international market so the importers could not show lower price than the actual one.

Citing the budget of this fiscal, he said the import of hybrid cars has been encouraged that is why the number of those fuel efficient cars is now increasing to reduce dependency on fuel.

Mosharraf Hossain said the government does not encourage car assembling in the country rather it would frame a policy for car production and motivate the entrepreneurs.

BARBIDA President Habibullah Don and leaders were present at the very first meeting, as NBR would hold series of pre-budget meetings with different stakeholders to prepare the national budget for the next fiscal year.

Habibullah Don made a proposal for full withdrawal of duty on the import of environment friendly electric cars and restructuring of CC slabs and supplementary duties on hybrid cars.

He also insisted on reduction of supplementary duties on 12-15 seat microbus.

Later, the NBR Chairman joined a view exchange meeting with leaders of Bangladesh Ceramic Manufacturers and Exporters Associations.

 

 

Comments


Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting