Bangladesh, Jan. 19 -- Tax collection from top 20 imported items has plummeted by 39 per cent during the first half of the current fiscal year, in a major blow to the revenue target.
The National Board of Revenue, or NBR, received Tk 34.11 billion in July-December from the key revenue-spinning imports, down by Tk 21.06 billion from the year-earlier period.
High-speed diesel, crude soybean oil, base-oil, steel-made line pipe, mobile phone, rice, black tea, road tractors for semi-trailers and flat rolled products are among the traditional key sources of tariff collection.
An analysis of the customs policy wing of the tax authority on the revenue collection has revealed the dismal import scenario.
During the July-December period of the yea...