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Duty benefits for import of 17 more items for computer production

Staff Correspondent | Published: 00:00, Feb 12,2019

 
 

A man browses internet on a desktop in Dhaka on Monday. National Board of Revenue has extended its duty benefits on import of 17 types of raw materials and equipment for local production of computer accessories and spare parts, printed circuit board and related digital products. — New Age photo

National Board of Revenue has extended its duty benefits for import of 17 types of raw materials and equipment for local production of computer accessories and spare parts, printed circuit board and related digital products.
NBR in the budget for the fiscal year 2016-17 provided the benefits for import of 62 types of raw materials and required accessories for production and assembling of computer in the country.
Under the scheme, investors pay only one per cent customs duty on import of the items as NBR waived all other duties and taxes including regulatory duty, supplementary duty and value-added tax on import of the products.
Customs wing of NBR on January 31 issued a statutory regulatory order amending the previous SRO and extending the benefits to 17 other products for production of computer spare parts, accessories, printed circuit board (PCB), printed circuit board assembly (PCBA) and related digital products.
Newly included items are pumice power, masterbatch, unexposed photosensitive plate and film, photographic chemical, PMMA resin, pet optical film, bottom case aluminium foil, tin alloy, sulphuric acid, sodium chlorate, copper sulfate, sodium permanganate and tools for drilling.
Customs officials said that NBR offered the benefits following an application made by local manufacturers Walton Group, seeking similar benefits given to computer production for accessories.
They said that customs also imposed a condition, along with existing ones, for availing the duty waiver.
The condition is that the applicant must have some machinery such as exposing machine, wave soldiering machine, surface mounting technology, injection moulding machine, automatic optical inspection machine, reflow oven machine, DES, VMC, effluent treatment plant for availing the waiver.
Officials said that computer manufacturers would now be able to produce accessories and spare parts like display, motherboard, PCB, mouse and other parts for production of computer.
They, however, said that inclusion of ‘related digital products’ without specifying the nature of digital products might create scope for misuse of the benefits.

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