INTIEABangladesh · Restoration of Full Customs Duties for Inverter ImportsPolicyIn force

Restoration of Full Customs Duties for Inverter Imports

In September 2021, the Bangladesh government revoked a regulatory order which was passed in the July 2021 budget, which removed the then 11% import duty and tax cost on inverters. Upon the revoke of the regulatory order, the levy on inverters was restored to its previous 37%…

Last changed 2 years ago.

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Country / jurisdiction: Bangladesh · Year: 2021 · Status: In force · Level: National · Type: Voluntary

In September 2021, the Bangladesh government revoked a regulatory order which was passed in the July 2021 budget, which removed the then 11% import duty and tax cost on inverters. Upon the revoke of the regulatory order, the levy on inverters was restored to its previous 37% rate (as per 'important capital machinery' classification).

Official source: https://berc.portal.gov.bd/sites/default/files/files/berc.portal.gov.bd/publications/45ec4b55_ce6d_4c4a_9da3_d80dce3e7ddc/2021-11-16-08-27-f1d925be6c71a4a7daabae3d803ce238.pdf

Source

https://www.iea.org/policies/19451

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