The National Board of Revenue chairman Mosharraf Hussein said he would take immediate steps to ban
He also suggested such companies may be banned from opening letters of credit (LCs), he said in the wake of the fire tragedy that left over 80 dead and injuries to many more destroying
He made the comment while speaking at an event
“We will take steps if the industries ministry issues a directive barring LCs to be opened for chemical import against any address in the old town,” he said. The ban will discourage doing chemical business in Old Dhaka and compel them to relocate their business to somewhere else, he said.
“It is really very sad to see
The country’s chemical import rose 17 percent year-on-year to Tk 17,548 crore in 2017-18, according to Bangladesh Bank data
At the event, Bhuiyan also stressed on the need for properly depositing the value-added tax paid by the consumers to the state coffer to boost revenue collection
Domestic revenue collection will increase if the law is implemented, he said.
Hatil Complex, Walton Hi-Tech Industries, Esquire Electronic Ltd,