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Read my lips: No new taxes |
News |
June 14, 2000
Dhaka, (UNB) – The National Board of Revenue (NBR) yesterday said no duty or tax was proposed in the 2000-01 budget on locally produced meat or frozen chicken.
In a clarification to remove the misgivings NBR said in fact duty on imported frozen chicken and meat has been proposed to increase from 25 percent to 37.5 percent.
It said the duty on imported chicken has been raised in order to give protection to the local poultry farms. There is also no VAT on locally produced chicken or meat.
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