Make services easier, faster and hassle-free for RMG industry: BGMEA president to NBR
“The complexities in current business procedures often lead to delays and additional costs, significantly impacting trade operations and competitiveness,” BGMEA president said.
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has called on the National Board of Revenue (NBR) to make the taxing authority's services easier, faster and hassle-free for the ready-made garment industry.
In a meeting with NBR Chairman Abu Hena Md Rahmatul Muneem at the NBR office on Thursday, BGMEA President Faruque Hassan urged the taxing agency to extend cooperation and provide essential support to help maintain the RMG industry's competitiveness at the global stage, according to a press statement.
"The complexities in the current business climate often lead to delays and additional costs, significantly impacting trade operations and competitiveness," Faruque said.
He also urged the NBR to streamline its procedures and expedite the delivery of services to the RMG industry.
Specifically, he emphasised the need to remove obstacles concerning customs, VAT, tax and bonds for supporting the growth of the apparel and textile sector.
The BGMEA president underscored the critical importance of NBR's prompt and hassle-free services to the RMG industry.
He called for a proactive approach to overcome challenges and enhance the efficiency of trade operations.
The NBR chairman assured Faruque of measures to address the issues raised in the meeting.
Shafiul Islam Mohiuddin, former president of FBCCI and BGMEA, Md Munir Hossain, vice president of FBCCI, and Md Masud Sadiq, member (customs policy and ICT) of NBR were also present at the meeting.