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Dual rules in bitumen sector: Heavy tax on local production, impo


[photo collected]
The dual rules regulating the bitumen sector are taking a heavy toll of tax on the local producers and granting tax waiver and other privileges to the importers - creating an uneven competition in the market.
Damage of the roads and highways due to the use of substandard imported bitumen has prompted the local entrepreneurs to go for producing high-quality bitumen locally.
But the local producers are overburdened with tax and exposed to discriminatory rules.
They are to pay 26 percent tax on the production of bitumen while importers are free from such tax.
Experts and businessmen termed high tax on locally produced bitumen is contrary to the government’s industry-friendly policy and the rules of the World Trade Organization (WTO). ....

Farid Uddin , Manjur Ahmed , Mahmub Alam , Sheikh Hasina , Jashim Uddin , Chattogram Chamber , Bangladesh Petroleum Corporation , World Trade Organization , National Board Of Revenue , National Board , President Mahmub Alam , Supplementary Duty Act , Prime Minister Sheikh Hasina , பாரித் உடின் , ஷேக் ஹசினா , ஜாஷிம் உடின் , பங்களாதேஷ் பெட்ரோலியம் நிறுவனம் , உலகம் வர்த்தகம் ஆர்கநைஸேஶந் , தேசிய பலகை ஆஃப் வருவாய் , தேசிய பலகை , துணை கடமை நாடகம் , ப்ரைம் அமைச்சர் ஷேக் ஹசினா ,