The NBR extends 5% VAT benefit until March 31 next year
The Bangladesh Trade and Tariff Commission (BTTC) has recommended that the government reduce import taxes on sunflower oil and canola or rapeseed oil to offer a greater range of cooking oils in the markets..At present, crude sunflower oil importers are required to pay a total of 31 percent
Locally produced oilseeds like mustard, corn, sunflower, coconut, and sesame (teel) can be some great alternatives to soybean and palm oil, said Prof Nazma Shaheen of the Institute of Nutrition and Food Science at Dhaka University.
