Dhaka, June 27 -- Tube Manufacturers and Exporters Association (BTMEA) has strongly rejected allegations made by tyre importers over proposed fiscal measures in the FY2026-27 national budget, describing their claims as "misleading, incomplete and detached from reality."

In a statement issued on Saturday, the association defended the government's proposal to impose a 20 percent supplementary duty on imported light truck tyres under HS Code 4011.20.00, saying the measure would help protect domestic industrialisation, safeguard local employment and reduce foreign currency outflows.

The response came after the Chattogram Tyre Tube Importers and Dealers Group criticised the proposed duty at a recent press conference, claiming it would signif...