Members of Parliament now can import duty-free hybrid vehicles, according to the NBR.
The duty-free concessions have been declared for the import of 2,000 CC hybrid sedans or micro-bus, or up to 4,500 CC hybrid SUV or one electric motor-run vehicle or other vehicles with only electric motor propulsion.
The national board of revenue (NBR) issued a Statutory Regulatory Order (SRO) on this on Wednesday signed by its Chairman Abu Hena Md Rahmatul Muneem, reports UNB.
This is in addition to existing benefits allowing MPs to import duty-free 1,650 CC petrol or gasoline-run motor vehicle or up to 1,800 CC diesel-run motor vehicles or up to 2,000 CC microbus, up to 3000 CC petrol or gasoline-run SUV, 4,500 CC diesel-run SUV.
An MP can import one vehicle during his/her tenure without having to pay customs duty, sales tax, development surcharge and import permit fee. Meanwhile, almost all MPs have imported vehicles under this facility.
The duty-free benefit on import of vehicles was introduced during HM Ershad's rule on May 24, 1987.
The MPs got back the privilege of importing duty-free vehicles that were scrapped in June 2007 by the caretaker government following allegations of gross abuse of the duty-free facility.
