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Withdraw supplementary duty on microbuses, electric vehicles

BARVIDA demands

Published : 06 Jun 2023 09:59 PM

BARVIDA (Bangladesh Reconditioned Vehicles Importers and Dealers Association) has called for the complete withdrawal of supplementary duty on microbuses and electric vehicles used as public transport in the proposed national budget. 

They have also urged the government to revise the duty-tax rates on fuel-efficient and environmentally friendly hybrid vehicles.

During a press conference held at Dhaka Club, BARVIDA President Md. Habib Ullah Dawn, along with the organization’s secretary general, former president, and advisors, made these demands following the proposal of the 2023-2024 fiscal year budget.

Habib Ullah Dawn expressed gratitude to Prime Minister and Finance Minister for their efforts in promoting the desired growth of the country, controlling inflation, expanding investment, and safeguarding local industries.

However, BARVIDA president stated that the expectations of the reconditioned car import sector were not fully met, as the import duty on hybrid cars and a jeep (ranging from 1801 cc to 4000 cc) was not reduced as per their proposal. 

He urged the government to reconsider the complete withdrawal of supplementary duty on microbuses and eco-friendly electric vehicles, which are extensively utilized as public transport.

Furthermore, Habib Ullah Dawn highlighted a concern regarding the proposed budget's provision for imposing an environmental surcharge at a fixed rate for each motor vehicle owned by a taxpayer. 

He emphasized that since these vehicles do not emit carbon, it is illogical to impose an environmental surcharge on their users. He also called for clear guidance and explanations on this matter.

BARVIDA’s demands reflect the desire to promote the use of environmentally friendly vehicles and encourage the growth of the reconditioned car import sector. The organization hopes that the government will consider these requests and make necessary revisions in the budget to support the development of a greener and more sustainable transportation system in Bangladesh.