The Bangladesh Garment Equipment and Packaging Producers and Exporters Affiliation (BGAPMEA) not too long ago requested the federal government to repair supply tax at 0.5 per cent for 5 years and make it a last settlement.
It demanded withdrawal of the proposed TK 0.1 million new bond licence payment and revision of the renewal payment to TK 10,000 yearly, down from TK 50,000 and TK 5,000 respectively now.
The Bangladesh Garment Equipment and Packaging Producers and Exporters Affiliation has demanded last fixing of supply tax at 0.5 per cent for 5 years.
It demanded withdrawal of the proposed 200-400 per cent penalty for HS code-related errors and the proposed TK 0.1 million new bond licence payment, and revising the renewal payment to TK 10,000 yearly.
It additionally demanded withdrawal of the proposed 200-400 per cent penalty for HS code-related errors, in response to home media stories.
BGAPMEA’s criticism is that the proposed price range lacks measures to make sure a business-friendly surroundings.
Affiliation president Mohammad Shahriar addressed a post-budget press convention in Dhaka.
Fibre2Fashion Information Desk (DS)
