The Government of the People’s Republic of Bangladesh

Ministry of Finance

Internal Resource Unit

Customs and VAT

Circulation

June 4, 2015

In accordance with SRO No. 148-Law/2015/28/Customs – Customs Act, 1969 (Act No. IV of 1969) – Sub-Section (1) of Section 19 of VAT Act 1991, the government after due consultation with NBR has decided to modify the SRO No. 145 Law/2014/2508/Customs as follows:

In the above mentioned circulation:

a.    “Relevant Import Tax, Regulatory duty” – these phrase will be replaced by the phrase “that particular amount of regulatory duty which is valued 5% more than import tax”

b.    The existing table will be replaced by the following table:

TABLE

With the permission of the President,

Signed by

Md. Nazibur Rahman

Secretary