The government plans to impose a supplementary duty on motorcycles to promote domestic industry.
In the proposed budget for the fiscal year 2022-23, Finance Minister AHM Mustafa Kamal said in our country, factories have been set up to manufacture motorcycles with engine capacity of more than 250 cc.
There is currently no supplementary duty on the import of such products, he said.
On the other hand, in the case of import of motorcycles up to 250 cc, there is a supplementary duty of 60 per cent for four-stroke and 250 per cent for two-stroke motorcycles.
So the minister proposed to impose 100 per cent supplementary duty in case of import of four-stroke and 250 per cent supplementary duty in case of import of two-stroke motorcycles with engine capacity above 250 cc.