Announcement
29 May 2024
In May 2024, the Ministry of Finance of Bangladesh announced a reduction in import duties on raw materials for manufacturing electric motors and parts. This measure is effective from June 2024 to June 2027.
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Number of interventions
3
1 certainly harmful
0 likely harmful
2 liberalising
List of interventions
Implementation date
06 Jun 2024
Revocation date:
30 Jun 2027
Updated: 14 Jun 2025
Tax or social insurance relief
In force
On 29 May 2024, the government of Bangladesh, via SRO 163-AIN/2024/15/Customs, reduced duties applicable to imports of raw materials for the manufacture of electric motors. The intervention is a selec...
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Implementation date
06 Jun 2024
Revocation date:
30 Jun 2027
Updated: 14 Jun 2025
Other import charges
In force
On 29 May 2024, the Ministry of Finance of Bangladesh, via SRO 163-AIN/2024/15/Customs, announced an exemption from regulatory duty on raw materials used to manufacture electric motors and their pa...
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Updated: 14 Jun 2025
Import tariff
In force
On 29 May 2024, the Ministry of Finance of Bangladesh, via SRO 163-AIN/2024/15/Customs, announced a reduction in import duties on raw materials used to manufacture electric motors and their parts. ...
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