The Chattogram Customs Bond Commissionerate has sought Tk 246.26 crore in unpaid duties from the S Alam Refined Sugar Industry against the import of 60,500 tonnes of sugar.
The Chattogram port has been hit by container congestion again as daily deliveries have slowed in the amid of flash floods, which caused disruptions along the Dhaka-Chattogram Highway since Thursday.
Transport activities through the Dhaka-Chattogram highway partially resumed yesterday after a three-day disruption due to flash floods.
Transport activities, including movement of imported goods and those meant for exports, have been halted since Thursday as the Dhaka-Chattogram highway, the lifeline of the country’s economy, has been submerged by flash floods brought on by heavy rainfall and the rush of water from upstream.
The customs department is not releasing 44 luxury vehicles that former lawmakers imported under a duty-free facility.
The Chattogram Port Authority and Chattogram customs have taken the initiative to maintain activities round the clock, even on weekends and public holidays, in a bid to reduce container congestion..These measures were agreed upon after talks with key stakeholders at the Chattogram port bui
Importers are refraining from clearing goods at the ports in Chattogram, Benapole and Mongla as well as the Kamalapur ICD due to a lack of security on major highways.
Transport of passengers and export-import goods began to suffer again yesterday as most vehicles avoided plying roads amid a new wave of violence surrounding the students’ non-cooperation movement.
A “cybercriminal gang” attempted to release a container of cigarettes from Chattogram Port after breaching the server of the National Board of Revenue with the login credentials of a customs official.
The government has moved away from its decision to raise the highest income tax rate to 30 percent and end tax holidays for investors in economic zones and hi-tech parks.
So strong was the clout of former National Board of Revenue member Matiur Rahman that he could not be transferred unless he wanted to be transferred.
Chattogram Customs House confiscated 62,000 suspected substandard refrigerant gas-filled cylinders at the port.
As per the new rules, Noah can no longer be imported as an ambulance from the current fiscal year as its passenger cabin does not meet the length requirement, according to an NBR official.
For air conditioner and refrigerator manufacturing industries, the government plans to extend the existing facility to June 2026, according to the finance ministry.
A significant share of Bangladesh’s illegal cigarette market is controlled by two companies where Chattogram City Corporation (CCC) Councillor Abdus Sabur Liton and his brother have the majority stakes, an investigation by The Daily Star has found.
Power generation companies, including rental ones, may see an end to a zero-duty benefit on their import of machinery, equipment and spare parts from next fiscal year as the government moves towards generating more revenue curtailing the practice of handing out tax exemptions.
Investors in the economic zones and hi-tech parks in Bangladesh may see an end to the zero-duty benefit on imports of capital machinery, components and construction materials next fiscal year.
Mobile phone calls and metro rail commutes among other daily activities may cost more in the next fiscal year as the government looks to increase taxes to boost its revenue collections.