NBR advises BRTA to curb illegal electric three-wheelers
Staff Correspondent : Chairman of the National Board of Revenue (NBR) Abu Hena Rahmatul Munimadvised BRTA to make guidelines to bring the illegal electric three-wheelers spread in all parts of the country in a simple process.
He made this suggestion on Tuesday during the pre-budget discussions for the fiscal year 2024-25.
NBR Chairman said, Bangladesh currently has many markets for three wheelers and two wheelers. Full of illegal three wheelers. BRTA can be asked to formulate a guideline. They will give a guide line with parts, based on which the registration will be done. The rest are illegal. Three-wheeler should be made following the guide lines.
He said, the way three wheelers have spread in the villages, the way they have entered the market illegally… and the way a class is taking advantage of this illegality, it is not possible to stop it. BRTA should look at making it a simple process.
Bangladesh Automobile Assemblers and Manufacturers Association (BAMA) demanded special tariff benefits on the import of electric cars till 2030 for the development of electric car industry.
BAMA said in their proposal, currently the import duty on electric propulsion motorcycles is 37 percent, which is proposed to be reduced to 31 percent. Apart from this, the duty of electric motorcars has been reduced from 89.32 percent to 37 percent, and the duty on electric buses and trucks has been proposed to be reduced from 58.60 percent to 31 percent.
Also, CKD (Compete Knocked Dowd) has no HS code for import. Bama has demanded that a separate code be set for CKD and the duty rate be 15.25 percent.
The organization said that electric cars are currently more expensive than conventional engine driven cars. Besides, people are still not used to using electric cars. If it is possible to market electric vehicles at an affordable price, consumers will be encouraged to use electric vehicles.
Meanwhile, the Aviation Operators Association of Bangladesh has demanded withdrawal of import tax, customs duty, advance tax and advance income tax levied on aircraft including helicopters, aircraft engines, aircraft parts, aircraft engine parts.
And Bus-Truck Owners Association has demanded reduction of 15% existing VAT on AC bus fare to 5% in their proposal.
Bangladesh Inland Navigation Association has demanded withdrawal of VAT on AC cabins in their proposal.
Bangladesh Inland Container Depot Association has demanded reduction of company tax rate to 10 percent, reduction of tax rate at source, cancellation of advance income tax on import of capital equipment.
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