9 October 2024

NBR halves regulatory duty on sugar imports

By Redoy K

The National Board of Revenue (NBR) has cut regulatory duty on sugar imports from 30% to 15%, aiming to reduce consumer prices. The reduction is expected to lower import costs by Tk 11.18 per kg for raw sugar and Tk 14.26 per kg for refined sugar. The move comes as retail sugar prices in Dhaka have risen 2% in the past month, currently ranging from Tk 125-135 per kg.READ FULL