Author: BigMint Technologies Pvt Ltd
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Bangladesh Govt Proposes Regulatory Duty of 20% on Billet Imports
The Bangladesh government, in the budget session, has proposed a regulatory duty of 20% on billet imports , for which tariff value is fixed at USD 400/MT in a bid to protect local industries. Government has also proposed 15% VAT on tariff value + regulatory duty. But, it is adjusted at the time of sales…