Bangladesh’s National Board of Revenue recently lifted value-added tax (VAT) on port services for raw material imports and finished goods exports by export-oriented industries.
Around 45 per cent of containerised goods, mainly raw materials, imported through Chittagong port attracted VAT, raising the cost of exports.
The decision was hailed by exporters.Bangladesh’s National Board of Revenue recently lifted value-added tax (VAT) on port services for raw material imports and finished goods exports by export-oriented industries.
Around 45 per cent of containerised goods, mainly raw materials, imported through Chittagong port attracted VAT, raising the cost of exports.
The decision was hailed by exporters.
