ANNOUNCEMENT 26 Aug 2015

In August 2015, the government of Bangladesh announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



SRO 276-AIN/2015/55-Customs
http://www.nbr.gov.bd/contents/sro/607.jpg


Inception date: 26 Aug 2015 | Removal date: open ended
Still in force

Import tariff

 On 26 August 2015, the National Board of Revenue, Bangladesh published SRO 276-AIN/2015/55-Customs imposing a regulatory duty of 20% on raw and refined sugar. According to reports, the measure was initiated to protect local suppliers in times of falling global prices of sugar. (A tariff value was also set on sugar imports in this regard - see related measure)

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A