I like to appreciate the government for giving another breakthrough to the rising Jamdani industry. The National Board of Revenue recently has offered duty waiver on import of two types of yarn for Jamdani industry to facilitate the development of the sector.
In this regard, the NBR waived customs duty in excess to 5 per cent, all supplementary duty, regulatory duty and value-added tax on import of the two specific products.
The total duty incidence will be around only 17 per cent after the waiver. Besides, the registered Jamdani Weavers Association would be able to import the yarns by paying duty at reduced rates.
I think, NBR has fulfilled a long-standing demand. It will also help Jamdani manufacturers to boost production, which ultimately could able to increase revenue earnings by employing a large number of youths.
Shompa Akbar Chowdhury
Monipuripara, Dhaka
