‘BTC working to protect interests of domestic industry’

RANGPUR Chairman of Bangladesh Tariff Commission (BTC) Tapan Kanti Ghosh today said the commission is working relentlessly for boosting the national economy by protecting the interests of domestic industry.

He said this at the views-exchange meeting and seminar on 'Role of

Bangladesh Tariff Commission in Protecting the Interests of Domestic

Industry, Tariff Affairs Support and Raising Awareness' held at the RCCI

Board Room here as the chief guest.

The BTC jointly with Rangpur Chamber of Commerce and Industry (RCCI)

arranged the events for former and incumbent directors, officials, executives

of RCCI, industrialists, importers and exporters and journalists.

Senior Vice-president of RCCI Mostoba Hossain Ripon delivered welcome

speech in the events presided over by its President Mostafa Sohrab Chowdhury

Titu.

Divisional Commissioner of Customs and Excise and VAT Commissionerate

Shawkat Ali Sadi and Deputy Commissioner Md. Asib Ahsan addressed as special

guests. Assistant Chief of BTC Md. Mahmudul Hasan presented the keynote essay

in the events moderated by its Member Shah Md. Abu Raihan Alberuni.

Directors of RCCI Mohammad Motahar Hossain Mondal Mowla and Pronoy Banik,

distinguished importers and exporters Md. Magarb Ali, Alhaj Moyen Uddin and

Md. Shahjahan Ali spoke on taxation, VAT and excise duty issues.

The BTC Chairman said the tariff commission will not do anything to harm

domestic industry and always makes decisions only to protect the interests of

domestic industries.

India has offered duty-free access to all of our products, except 25

items. But, we cannot fully utilize the facility for some non-tariff

barriers, he said, adding that fair price of the locally produced products

will be determined to protect domestic industry.

He called upon the businessmen and industrialists to further accelerate

economic development of Rangpur region by promoting trade and commerce along

with agriculture.

He said it is BTC's responsibility to control antidumping and

countervailing by taking safeguard measures to create marketing opportunities

of domestic products in domestic and international markets.

The BTC Chairman requested businesspersons to send suggestions on taxation

or exemption of taxes on domestic products, imported goods and export

products for greater national interests.

The RCC President urged BTC to work robustly for highlighting domestic

products and services at the local and international levels to attract

investors and reduce dependence on imported products through

industrialization and increasing export.

He urged BTC for taking effective steps to provide supports related to

industrial policies, credit policies, tax and VAT policies, extension of tax

holidays to encourage investment in the economically backward Rangpur region.

Source: Bangladesh Sangbad Sangstha (BSS)