Published : 11 Jun 2026, 04:51 PM
The government has proposed raising import duties and tax rates on several products in the new fiscal year, which may push up the prices of a range of goods and services.
Finance Minister Amir Khosru Mahmud Chowdhury unveiled the Tk 9.38 trillion budget for fiscal year 2026-27 in parliament at 3pm on Thursday.
Cigarettes
Minimum retail prices for cigarettes have been revised, with lower, mid, high and premium tiers set at Tk 62 per 10 sticks, Tk 92, Tk 160 and Tk 210 respectively.
Nicotine granules and nicotine pouches will see supplementary duty increased from 300 percent to 350 percent.
Fuel-powered cars
To discourage the use of diesel, octane, and petrol vehicles, the tax burden on imported mid-range internal combustion (IC) engine cars of 1,200cc to 1,600cc is proposed to rise from 132.36 percent to around 156 percent, pushing up prices for these vehicles.
Bicycles
Import duty on freewheel components used in locally made bicycles is proposed to go up from 15 percent to 25 percent, with an additional 5 percent supplementary duty also proposed, which will raise bicycle prices.
Transformers
Import duty on transformers of up to 1 kilovolt-ampere (KVA) capacity is proposed to increase from 10 percent to 25 percent, with a fresh 5 percent supplementary duty on top, lifting prices for the product.
Washing machines
A new 20 percent supplementary duty is proposed on imports of all types of household washing machines to strengthen the local manufacturing industry, which will push up prices.
Imported cashew nuts
The import duty on unprocessed and processed cashew nuts has been raised from 1 percent and 5 percent respectively to 25 percent, to encourage domestic cultivation.
For local producers, the duty on unprocessed cashew imports has been set at 15 percent.
Prices of imported cashews will rise as a result.
Imported pangasius fillets
A 20 percent supplementary duty has been imposed on imported pangasius fish fillets to protect the domestic fish processing industry.
Imported honey
The minimum assessable value for importing natural honey has been raised by $2 to $7 per unit, increasing the duty burden and likely pushing up prices.
Imported betel nut
The minimum assessable value for betel nut imports has been raised by $0.25 per unit, increasing the duty payable on imports.
Imported food items
Assessable values for importing sugar confectionery, coffee, ready-made food, and similar products have been raised at varying rates, increasing the duty burden on these imports.
Imported lip liners, lip gels
Assessable values for importing lip liners, lip gels, and similar products have also been raised.
Steel rods
VAT on raw materials used in rod production has been increased, which may push up steel rod prices.
Imported gas cylinders
VAT has been imposed at the import stage on composite liquefied petroleum gas (LPG) cylinders, which may raise prices of imported gas cylinders.
Others
Higher duties and assessable values may also push up prices of imported tiles, sanitaryware and basins, motors, gypsum board, foam, microwave ovens, and toys.