RSS   Newsletter   Contact   Advertise with us

Bangladesh to raise taxes on imported smartphones

Share on Twitter Share on LinkedIn
Christian Fernsby ▼ | June 14, 2019
The Bangladeshi government plans to raise the customs duty on smartphones to 25 percent from the existing 10 percent in a bid to protect the local mobile handset assembling industry.
Finance Minister AHM Mustafa Kamal
Asia   Finance Minister AHM Mustafa Kamal
"As smartphones are used by affluent people, I propose to increase customs duty of smartphones to 25 percent," said Finance Minister AHM Mustafa Kamal in his budget speech Thursday.

The minister also proposed reducing the duty on mobile phone charger connector pin and SIM slot ejector pin to 10 percent from 25 percent.


 

MORE INSIDE POST