Loading...
The Financial Express

Duty benefit for import of COVID-19 fighting items to continue until June 30

| Updated: January 15, 2021 20:44:06


Evaly and Fianancial Express Evaly and Fianancial Express
Garment workers making protective suit at a factory in Dhaka amid the coronavirus outbreak —Reuters file photo Garment workers making protective suit at a factory in Dhaka amid the coronavirus outbreak —Reuters file photo

The National Board of Revenue (NBR) has decided to provide the duty-free facility for import of COVID-19 protective materials —including masks, kits and other personal protective equipment (PPE) — until June 30 this year.

The NBR issued a notification on Sunday extending the timeframe of the facility for another six months, reports BSS.

The notification said the timeframe has been extended to tackle the second wave of COVID-19.

Medical equipment manufacturers, garment manufacturers and government-registered (IRC) pharmaceutical companies are eligible to get the facility.

With the latest extension, the government extended the timeframe for the third time.  

The government waived all kinds of duties including import duty, value added tax (VAT) and advance income tax on the health protective equipment in April last year, which expired on September 30. Later, the facility was extended till December 31 following request from the Ministry of Health.

Share if you like