September 18, 2022
Imported steel still visually assessed for duty
The National Board of Revenue (NBR) has no definite guideline on grading steel, prompting duty evasion through underinvoicing and adoption of other unfair means by dishonest importers, depriving the government of hundreds of crores of taka in revenue each year.
September 12, 2022
Flammable materials to be prohibited in Karnaphuli tunnel
Scanners will be installed at both ends of the Karnaphuli tunnel in Chattogram to make sure that vehicles carrying flammable goods cannot use the underwater structure.
September 6, 2022
New policy expedites auctioning of abandoned, smuggled goods
Smuggled or abandoned liquor and cigarettes from now can be sold off at a minimum of 60 per cent of their value to shops listed by customs instead of being kept on hold for sale by Bangladesh Parjatan Corporation.
September 4, 2022
Import of cement raw materials rises
Import of raw materials used in manufacturing cement has increased in recent months in spite of the items turning pricier.
August 26, 2022
Sugar price hike: JS body slams two ministers
A parliamentary watchdog yesterday came down heavily on Industries Minister Nurul Majid Mahmud Humayun for the price spiral of sugar despite ample supply of the commodity.
August 24, 2022
Padma’s oil tank sealed off for duty dodging
For the past two months a storage tank of state-run Padma Oil Company containing nearly 6,000 tonnes of furnace oil has been kept sealed off by Custom House, Chattogram on charges of dodging duty of Tk 116.74 crore.
August 24, 2022
Soybean oil officially up Tk 7-9 a litre
The government yesterday hiked the price of soybean oil for the fourth time this year even though the price of the product in the international market held steady in the past month.
August 16, 2022
Petroleum remains NBR’s major source of revenue
Petroleum imports continue to be the major source of revenue for Custom House, Chattogram thanks to higher tariffs.
August 3, 2022
Wheat prices may cool off in local market
The price of wheat in Bangladesh may come down as its export from Ukraine has resumed following an agreement with Russia.
July 31, 2022
‘Importing’ goods ‘Made in Bangladesh’
A Chinese company housed in the Chattogram Export Processing Zone imported finished goods with “Made in Bangladesh” labels by declaring those as raw materials, in an incident that violated both local and international rules.