Limit of gold import increased in Bangladesh

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Format_how many gold one should bring from abroad(1)

 

The National Board of Revenue is going to increase the limit of gold import from 17 bhari to 20 bhari. Each 11.66 grams or one bhari of gold bar duty fee under baggage rules is Tk 3,000, officials said.

They said that the initiative was taken to prevent smuggling of legally imported gold to neighbouring India from Bangladesh.

A very low gold import duty compared to that in India encourages smugglers to import gold to Bangladesh and then smuggle it out to India, NBR officials said.

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