Enhanced customs valuation may yield Tk 35b, yet far short
Bangladesh, Oct. 18 -- Changes to customs measures introduced in the FY2026-27 budget are expected to generate an additional Tk 35 billion in import-tax revenue to contribute to an ambitious target.
The gain is estimated despite estimated revenue losses from duty-and tax concessions.
According to a recent estimate by the National Board of Revenue (NBR), the budgetary changes are projected to generate the gross revenue gains from increases in customs duty, regulatory duty (RD), supplementary duty (SD) and value-added tax (VAT).
Among the revenue-enhancing measures, increases in regulatory duty are projected to contribute the largest share -- Tk 13.08 billion. Supplementary duty increases are expected to generate Tk 6.94 billion, follow...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.