Cabinet approves Bangladesh Tariff Commission Act, 2019

The cabinet yesterday gave its final approval to the proposed Bangladesh Tariff Commission (Amendment) Act-2019 amending the country’s main tariff law originally enacted

in 1973 in its weekly meeting with Prime Minister Sheikh Hasina in the chair at the

PMO.

“The (proposed) act brought four major changes in the existing law (Bangladesh Tariff Commission Act, 1992),” Cabinet Secretary Mohammad Shafiul Alam told a press briefing at the Secretariat after the meeting.

He said the law suggested inclusion of the word “trade” in its title and sought to widen its purview, obligate the Commission employees to maintain secrecy of their functions and kept provisions of hiring consultants and research associates on ad hoc basis.

The act proposed renaming of the Bangladesh Tariff Commission as Bangladesh Trade and Tariff Commission, he said.

Alam said the tariff law originally was enacted as a presidential order in 1973, later to be turned into an act in 1992 but the demands of the global and domestic trading systems required its amendment.

“The existing (tariff) law has many limitations,” the top government bureaucrat said.

He said that the commission was established in 1973 as a government office through a resolution and later in 1992, the commission through Bangladesh Tariff Commission Act-1992 was established as a statutory body.

 

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Cabinet approves Bangladesh Tariff Commission Act, 2019

The cabinet yesterday gave its final approval to the proposed Bangladesh Tariff Commission (Amendment) Act-2019 amending the countrys main tariff law originally enacted in 1973 in its weekly meeting with Prime Minister Sheikh Hasina in the chair at the PMO. The (proposed) act brought four major changes in the existing law (Bangladesh Tariff Commission Act, 1992), Cabinet Secretary Mohammad Shafiul Alam told a press briefing at the Secretariat after the meeting. He said the law suggested inclusion of the word trade in its title and sought to widen its purview, obligate the Commission employees to maintain secrecy of their functions and kept provisions of hiring consultants and research associates on ad hoc basis. The act proposed renaming of the Bangladesh Tariff Commission as Bangladesh Trade and Tariff Commission, he said. Alam said the tariff law originally was enacted as a presidential order in 1973, later to be turned into an act in 1992 but the demands of the global and domestic trading systems required its amendment. The existing (tariff) law has many limitations, the top government bureaucrat said. He said that the commission was established in 1973 as a government office through a resolution and later in 1992, the commission through Bangladesh Tariff Commission Act-1992 was established as a statutory body.