DHAKA, Jan 18, 2026 (BSS) - The Ministry of Commerce has requested the National Board of Revenue (NBR) to suspend the duty-free benefit for the import of certain counts of yarn under the bonded warehouse scheme to protect local textile millers. In a letter to the revenue board last week, the ministry recommended the cancellation of the bond facility for the import of yarn ranging from 10 to 30 counts to safeguard local textile millers. The count refers to a measure of yarn thickness in the textile industry, indicating fineness. Yarn ranging from 10 to 30 counts is considered medium to coarse and is widely used in knitwear production. Earlier, on December 29, the Bangladesh Textile Mills Association (BTMA) urged the Bangladesh Trade and Tariff Commission to request the government to either suspend the bonded warehouse benefit or impose a 20 percent tariff on the import of the widely consumed yarn.

Source: Bangladesh Sangbad Sangstha January 18, 2026 10:33 UTC