Global Trade Alert
Global Trade Alert

Bangladesh: Minimum import tariff value amended on several goods (29 May 2024)

Announcement

29 May 2024

In May 2024, Bangladesh amended the minimum import tariff value applicable on various goods.

Source

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Number of interventions

4

2 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

06 Jun 2024

Revocation date:

01 Jun 2025

Updated: 29 May 2024
Tax or social insurance relief

On 29 May 2024, the Ministry of Finance of Bangladesh increased the minimum tariff value on imports of base oil by petroleum product processing and blending industries. This amendment is expected t...

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Implementation date

06 Jun 2024

Revocation date:

01 Jun 2025

Updated: 29 May 2024
Import price benchmark

On 29 May 2024, the Ministry of Finance of Bangladesh increased the minimum import value applicable on the imports of base oil (2710.19.21) imported in bulk by VAT-registered petroleum products pro...

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Implementation date

06 Jun 2024

Revocation date:

No revocation date

Updated: 29 May 2024
Import price benchmark In force

On 29 May 2024, the Ministry of Finance of Bangladesh introduced/increased a minimum import value applicable on the imports of the following goods - 

  • Furnace oil (2710.19.11) - USD 2...
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Implementation date

06 Jun 2024

Revocation date:

No revocation date

Updated: 29 May 2024
Import price benchmark In force

On 29 May 2024, the Ministry of Finance of Bangladesh removed a minimum import value applicable on the imports of the following goods - 

  • Mushroom (HS 0602.90.10) - USD 2/kg
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