One of the important elements of transit and transhipment and tax revenue mobilisation is the facilitation of trade through ports without hassles. The National Board of Revenue (NBR) has decided to do its part. It has prepared a Tk20 billion project to strengthen the capacity of customs and VAT (value-added tax) administration. The government would seek foreign funds to bankroll the proposed project that aims at strengthening the pool of skilled manpower at the NBR, building advanced infrastructures and logistics and ensuring foolproof security in the case of transhipment of goods.
Source: thefinancialexpress.com.bd
