It demanded withdrawal of the proposed TK 0.1 million new bond licence charge and revision of the renewal charge to TK 10,000 yearly, down from TK 50,000 and TK 5,000 respectively now.
The Bangladesh Garment Equipment and Packaging Producers and Exporters Affiliation has demanded ultimate fixing of supply tax at 0.5 per cent for 5 years.
It demanded withdrawal of the proposed 200-400 per cent penalty for HS code-related errors and the proposed TK 0.1 million new bond licence charge, and revising the renewal charge to TK 10,000 yearly.
It additionally demanded withdrawal of the proposed 200-400 per cent penalty for HS code-related errors, in keeping with home media reviews.
BGAPMEA’s criticism is that the proposed finances lacks measures to make sure a business-friendly surroundings.
Affiliation president Mohammad Shahriar addressed a post-budget press convention in Dhaka.
Fibre2Fashion Information Desk (DS)
