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Importers suspend fruit import through Benapole for duty hike

Published : Wednesday, 5 February, 2025 at 12:00 AM  Count : 385
 
BENAPOLE, Feb 4: Importers have suspended the import of fruit through Benapole  land port for an indefinite period protesting government's decision to impose additional import duties.
No fruit-carrying trucks have entered the port since Tuesday morning as per the importers' decision.
The move came after the government raised the supplementary duty on imported fresh fruit from 20 percent to 30 percent on January 9.
Importers said the additional duty has made fruit imports unfeasible, leading to the drastic step of halting imports altogether.
Fruit importer Abdul Mannan said that the Bangladesh Fresh Food Association had previously urged the government to withdraw the additional duty.
As their demand was not met the traders decided to stop fruit imports indefinitely.
"If the duty is not withdrawn before Ramadan, it will significantly impact the market. Fruit prices will skyrocket beyond the purchasing power of ordinary people," Mannan said.
The suspension will also hit government revenue hard, said Benapole Import-Export Association President Alhaj Mohsin Milon
Government earns approximately Tk 25 crore (2.5 billion) in daily revenue from fruit import through Benapole.
The increased duty has already led to a sharp decline in fruit import  across the country, causing supply shortages and rising prices in the market, he added.    —UNB



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