Business Desk :
Faruque Hassan, president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), has urged the National Board of Revenue (NBR) to ensure seamless services for the RMG sector.
The head of the BGMEA made the request when he met Farzana Afrose, member (Customs and VAT Admin) of the NBR, in the city’s NBR office on Saturday.
During the meeting, they discussed pressing issues affecting the garment industry as well as focused on industry-specific challenges, with a particular emphasis on how ready-made garment (RMG) exporters could receive seamless services from the NBR, especially concerning customs, VAT, and bond-related services, reports, BSS.
The meeting was also attended by Shafiul Islam Mohiuddin, former president of FBCCI and BGMEA, and Md Munir Hossain, vice-president of the FBCCI.
Faruque pointed to the current issues faced by the RMG exporters in dealing with customs, bonds, and VAT, particularly in the context of the ongoing global economic situation and tense geopolitical crises.
He mentioned how the apparel exporters are struggling hard to sustain the RMG industry which is a crucial source of foreign currency earnings for Bangladesh.
The BGMEA President also underscored that any service-related challenges from the NBR could exacerbate the difficulties faced by RMG exporters.
He urged the NBR to streamline customs procedures and ensure hassle-free services for the garment industry, creating a more efficient and competitive business environment.