Dhaka, Jan. 25 -- The government's decision to impose a 15 per cent VAT on plastic and rubber flip-flops and other footwear priced below Tk 150 has sparked protests from small and medium plastic footwear manufacturers, as well as consumers from lower-income groups.

Previously, these products were exempt from VAT, making them affordable for economically disadvantaged groups.

The Bangladesh Paduka Prostutkarak Samity (footwear manufacturers association) held a press conference at the Dhaka Reporters Unity on Saturday, demanding the reinstatement of the VAT exemption on all footwear priced below Tk 150.

More to follow...

Published by HT Digital Content Services with permission from The Financial Express....