Reconditioned vehicle importers have urged the government to review the proposed duty structure for automobiles , saying budgetary benefi ts for electric vehicles (EVs) could erode the competitiveness of hybrid and fossil-fuelpowered reconditioned cars in Bangladesh’s developing automobile market.
Abdul Haque, president of the Bangladesh Reconditioned Vehicles Importers and Dealers Association (Barvida), made the call at a press conference at Dhaka Club recently.
The association said the proposed budget grants signifi cant duty benefi ts to EVs while raising the tax burden on popular reconditioned vehicles, particularly mid-range fossil-fuel-powered cars used by middle-income consumers.