The Bangladesh Energy Regulatory Commission (BERC) recently announced a Tk 15 reduction in the price of a 12-kilogram (kg) cylinder of Lique?ed Petroleum Gas (LPG). ‘Now, a 12 kg LPG cylinder will be sold to consumers at Tk 1,341 instead of Tk 1,356,’ the commission said.
the new price will take effect from February 23, and all licensed LPG marketing companies are required to implement it. BERC said the revision follows a change in the valueadded tax (VAT) policy by the National Board of Revenue (NBR), which has withdrawn VAT at the production stage of LPG and imposed it at the import stage.