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Plastic manufacturers want reduction of import duty on raw materials

Plastic manufacturers want reduction of import duty on raw materials Representational image BSS, Dhaka BSS, Dhaka The leaders of Bangladesh Plastic Goods Manufacturers and Exporters Association (BPGMEA) today demanded that the government reduce the existing import duty on raw materials of plastic products to five percent from the existing 10 percent. BPGMEA president Md Jashim Uddin made the demand at a pre-budget meeting with the National Board of Revenue (NBR) for the next fiscal year held at the NBR conference room in the city s Sher-e-Bangla Nagar. NBR Chairman Abu Hena Md Rahmatul Muneem chaired the meeting. Seeking protective measures for local industries, Jashim said the demand of various plastic goods like pipes, doors, chairs, tables are on the rise both at home and abroad while a huge scope for exports would be created if the production cost could be reduced.

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