Duty on date imports cut ahead of Ramadan
A shop selling dates at Karwan Bazar in Dhaka yesterday. According to market prices data compiled by the Trading Corporation of Bangladesh, regular quality dates were selling at Tk 280 to Tk 550 per kilogramme in the capital, which is around 18.5 percent higher than that a year ago.
Photo: Palash Khan
The government has reduced customs duty on date imports by 10 percent ahead of the holy month of Ramadan to keep prices stable.
The National Board of Revenue (NBR) today issued a notification stating that customs duty on date imports has been reduced from 25 percent to 15 percent.
For all latest news, follow The Daily Star's Google News channel. The reduced rate will remain in force until March 31, 2026.
In addition, advance income tax on the import of dates and other fruits has been lowered from 10 percent to 5 percent.
The NBR expects the measures to ensure an adequate supply and keep prices within the purchasing power of consumers during Ramadan.
Comments