Industry

Palak for withdrawing VAT, tariff on internet equipments

State Minister for Information and

Communication Technology (ICT) Zunaid Ahmed Palak today called for

repealing Value Added Tax (VAT) and tariffs on Internet equipments for

making digital revolution in the country.

“In the interest of building a creative economy and knowledge based

society and to take the digital revolution further, I request to all

concerned to repeal VAT and tariffs on internet equipment by not

seeing the internet as a luxury service but as a basic emergency

service such as electricity and fuel,” he said.

The state minister joined the virtual round table meeting on ‘Made

in Bangladesh ICT Industry Policy’ this evening and made the proposal

in his introductory speech to National Board of Revenue (NBR) Chairman

Abu Hena Md Rahmatul Muneem.

Palak also called for duty-free access to research and development

of digital products by 2030.

He also proposed in the budget of the next financial year to give

Orix Bio Technology Company duty exemption on the import of equipments

and specialized vehicles used in some cases for plasma fractionation

in the country.

Besides, in an another webinar titled ‘Future of the Industrial

Revolution’ was held at 11 am today.

Policy Adviser of the A2I Programme Anir Chowdhury conducted the

webinar while Palak also joined it as chief guest.

Source: Bangladesh Sangbad Sangstha (BSS)