Bangladesh’s Ministry of Posts and Telecommunications has proposed to the National Board of Revenue (NBR) and the Ministry of Finance to impose import duties on computers and notebooks in 2022-23 to boost the development of the local information and communication industry. The proposal also suggests a 5 percent tax credit for local manufacturers and zero tariff on imported basic components. The Ministry of Posts and Telecommunications said it wants a 25 percent tax gap between imported and locally made laptops so that it can promote local manufacturing and attract investment. Last year, the ministry proposed a 3.32 percent import tax on computers and laptops, which was also agreed to by the General Department of Taxation. Under current regulations, imported computers are not taxed.
Walton, a major local brand, already has 23 models of laptops, 13 models of desktops, 4 models of monitors and various models of keyboards and mice for gaming and standard use, as well as headphones. Its laptops are priced at Tk. 19,990-79,950 (about $1,533-$6,132). Products are also exported to Nigeria, Bhutan, Nepal and other countries.
Post time: May-11-2022