customs duty
NBR urged to withdraw, slash duties on 4 essential items
The Ministry of Commerce has urged the National Board of Revenue (NBR) to withdraw customs duty on onion import, aiming to keep its price stable in the market.
The ministry also urged the NBR to slash import duties on crude soybean oil, palm oil and sugar to cool the overheated domestic market.
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The request was made at a meeting of the Ministry of Commerce at the Secretariat on Monday to keep the stock, supply, import and price situation of the commodities stable.
“NBR has been requested to withdraw the import duty on onion, and reduce the duties on crude soybean, palm oil and unrefined sugar in public interest,” additional secretary to Import and Internal Trade division of the Commerce Ministry AHM Safiquzzaman said at the meeting.
3 years ago