Summary of Work Done by SBMAB
McDonald Steel Building Products Limited (MSBPL) is a Category A member of Steel Building Manufacturers Connection of Bangladesh (SBMAB). In respect to Declaration of Subscription of SBMAB published on, may 05, 2014, MSBPL should pay SBMAB BDT 500, 000. This amount has been requested according to decision in the SBMAB conference held about June 08, 2013 regarding the following concerns: Working with Countrywide Board of Revenue (NBR), Ministry of Trade and Commerce, Ministry of Sectors and Ministry of Fund of the Government of Bangladesh for the reduction of tax and duties with the raw materials utilized in the Metal Building Making sector whenever possible Providing intended for legal spending of SBMAB till particular date
According to the paperwork recently delivered by SBMAB to MSBPL, SBMAB continues to be on the goal to incentivize the Metal Building Manufacturing sector and has taken the following steps: Applied to the Ministry of Trade and Commerce, Ministry of Companies and Ministry of Finance of the Government of Bangladesh on Feb . 16, 2014 to have gatherings with the individual ministers Used on the Director of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) on Feb 19, 2014 to make suggestion to the Authorities of Bangladesh in favor of natural material taxes reduction and incentivizing with the Steel Building Manufacturing sector in preparing the Nationwide Budget Proposal for the fiscal 12 months of 2014-2015 Applied to the Chairman of NBR in April 18, 2014
to reduce the tax on raw materials employed in the Metal Building Developing sector to the minimum level, to reduce the tax of some of the done products just like Purlin, Floor Deck etc . which are in reality used since raw materials in prefab metallic building production to eliminate the discrimination in duty occurrence (as for some of the items used for roofing and cladding of prefab steel framework, VAT signed up Refrigerator and Air-Conditioner Production Industry...