Exporters to get cash incentive for shoes, bags made of synthetic-fabrics mix under bond facility
The Bangladesh Bank issued a circular today (5 December) stating that the government will provide 3% cash assistance for shipped goods from 1 February to 30 June
File photo of Bangladesh Bank/BSS
Exporters will enjoy cash incentives for shoes and bags made of a mixture of synthetic materials and fabrics under the bond and duty drawback facilities.
According to a circular issued by the Bangladesh Bank today (5 December), the government will provide 3% cash assistance for shipped goods from 1 February to 30 June 2024.
The government will also provide a 2% cash incentive for shipped goods from 1 July 2024 to 30 June 2025, the circular added.
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Earlier on 30 October this year, the central bank withdrew the cash incentive facility for shoes and bags made of a mixture of synthetic materials and fabrics under the bond and duty drawback facilities
