98 up, 40 down

In his budget speech yesterday, Finance and Planning Minister M Saifur Rahman proposed increased customs duty on 16 items and reduced duty on 36 items. He also proposed reduction of supplementary duties on eight items, but increase on 84 items.

The major items on which supplementary duties have been increased are fish like ruhi, katla, mrigel, pangash, and carps; powdered milk; butter, cheese and curd; dates (excluding wrapped/canned), fresh and dried mango, oranges, lemons, grapes, apples and other (excluding wrapped/canned); refined coconut oil, sugar (raw sugar); sweet biscuits, waffles and wafers; soya sauce, tomato ketchup and similar goods; soft drinks; non-alcoholic beer; cigar, and cheroots; salt; Portland cement; fly ash; naptha; soap noodles; paints and varnish; matches, bathroom fittings; particle board, fibre board and ply-wood; carpet and floor covering mat; cotton, T-shirt, trousers; sports footwear with outer soles of rubber, plastic, leather and composition of leather and upper leather; marble stone; glass mirror; iron or non-alloy steel made circular cross section; bicycle chain and parts; sanitaryware; fan and fan parts; air-conditioner, refrigerator and freezer; dry cell battery; radio cassette player; pocket size radio cassette player; different types of two-in-one; colour television; two-stroke motor cycle and bicycle.

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The major items on which supplementary duties have been reduced include food preparation containing alcohol exceeding 0.5 per cent, beer, whiskies, rum, gin, vodka, liqueurs and wines, jet fuel, kerosene, diesel and furnace oil.

The major items on which customs duties have been reduced are refined palm oil, hose pipe, surgical gloves, wool, unworked jams, pearls, diamond or other precious stones, nipple, pump without hand pump, vehicle pump and agricultural pumps, water filter used in home and industry, furniture bases and different types of dental fittings, artificial parts and joints, raw materials for agro-processing industry.

The major items on which customs duties have been increased are raw sugar, fly ash, industrial petroleum bitumen, polyester yarn, colour as well as black and white television and CNG-operated four-stroke autorickshaw.