Book compiling customs tariff published

A compilation of import tariffs and other rates of tax has been published for the fiscal year 2020-21 to allow firms to take decision while bringing in a product.

From the book titled Bangladesh Customs Tariff, one can get the idea about the rate of customs duty, supplementary duty (SD), value added tax, advance income tax and other tariffs for the current fiscal year beginning from July 1.

Apart from providing info on specific rate of tariffs and taxes, businesses can also get idea on total tax incidence on an import item for the current fiscal. The book also informs readers about the items, which face export duty.

Mohammed Ruhul Amin, an official of the National Board of Revenue, compiled the book published by Liton Publication.