NEW DELHI, India—Bangladesh has reduced the import duty on mobile phones and dropped the levy on new connections.
The duty on handsets has been reduced to 2,500 taka (US$44) from 4,000 taka (US$70.50). The National Board of Revenue (NBR) imposed in March a fixed tariff of 4,000 taka to replace a 67-percent tax rate that covered import duty, value-added tax and license fees. Now this duty has been re-fixed at 2,500 taka, NBR said in a statement in Dhaka.
The government has also withdrawn a 4,000 taka levy it imposed recently on new connections. The country’s four private mobile-phone operators have about 700,000 subscribers.
