Global Trade Alert
Global Trade Alert

Bangladesh: Tax and duty relief on imports of certain cables for the manufacture of bio hygiene machinery

Announcement

29 May 2024

In May 2024, the Ministry of Finance of Bangladesh reduced customs duty and exempted regulatory duty, supplementary duty, and value added tax on the import of cables, fitted with connector. These measures support the manufacture of bio hygiene machinery and equipment for quality water production in the food and beverage industry.

Source

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Number of interventions

5

1 certainly harmful

0 likely harmful

4 liberalising

List of interventions

Implementation date

02 Jun 2024

Revocation date:

No revocation date

Updated: 08 Aug 2025
Tax or social insurance relief In force
On 29 May 2024, the Ministry of Finance of Bangladesh, via SRO 179-AIN/2024/31/Customs, reduced various duties on the imports of certain raw materials for use in the domestic manufacture of "bio hygie...
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Implementation date

02 Jun 2024

Revocation date:

No revocation date

Updated: 08 Aug 2025
Internal taxation of imports In force
On 29 May 2024, the Ministry of Finance of Bangladesh, via SRO 179-AIN/2024/31/Customs, exempted a 15% value added tax on the import of cable fitted with connector (HS 8544.42) used in the manufacture...
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Updated: 08 Aug 2025
Other import charges In force
On 29 May 2024, the Ministry of Finance of Bangladesh, via SRO 179-AIN/2024/31/Customs, exempted a 3% regulatory duty on the import of cable fitted with connector (HS 8544.42) used in the manufacture ...
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Updated: 08 Aug 2025
Other import charges In force
On 29 May 2024, the Ministry of Finance of Bangladesh, via SRO 179-AIN/2024/31/Customs, exempted a 20% supplementary duty on the import of cable fitted with connector (HS 8544.42) used in the manufact...
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Updated: 08 Aug 2025
Import tariff In force
On 29 May 2024, the Ministry of Finance of Bangladesh, via SRO 179-AIN/2024/31/Customs, reduced the customs duty on the import of cable fitted with connector (HS 8544.42) used in the manufacture of "b...
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