Bangladesh: VAT on the imports of edible oil temporarily reduced at different rates

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Description

According to several news reports, on 8 February 2024, Bangladesh's National Board of Revenue reduced the VAT on imported soybean and palm oil from 15% to 10%. The VAT on domestically produced oil has...

Intervention Details

Intervention Type

Internal taxation of imports

MAST Chapter

F: Price-control measures, including additional taxes and charges

Implementation date

08 Feb 2024

Revocation date

15 Apr 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

Affected Products

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Liberalising Trade Policy Measures

This Thread tracks liberalising trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

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