To discourage the import of older cars in the proposed budget, the existing depreciation facility has been reduced by 5 percent year-on-year. For this, the revised price of the car has increased from one lakh to 4.5 lakh taka per sqi.
The leaders of the Bangladesh Reconditioned Vehicle Importunities and Dealers Association (BWIDA) have demanded this at a press conference held in the city's National Press Club on Monday. Wrote the written statement of the organization Habib Ullah Dawn Barwiddar vice-president Raihan Azad, general secretary Habibur Rahman, former president Abdul Hamid Sharif and Abdul Mannan Chowdhury were present.
Barvida has demanded to remove the new and old or remanded car taxis. Recommendation of the organization, deducting 10% of the dollar or trade discounts from the new value of Yellow Book, along with year-wise depreciation rates are kept as before.
Barvida President Habib Ullah said many cars from India are coming to Bangladesh. But there are questions about their values. It's going to be lost in a few years. But Japan's 5-year-old car can be used for 10-15 years in an effortless way. He also said that the people of India are not using their country's cars. So India's producers are pushing their low-car cars into Bangladesh.
Habib Ullah said, "For the last 40 years, reconditioned car dealers are supplying 90 percent of the country's vehicles. However, the existing depreciation has reduced by 5 percent year-on-year to discourage reconditioned cars in the budget. We are shocked and saddened by this decision. '
In the coming budget, the level of 1 to 1600 cesis has been increased to 1800 cc. Barvida President said, the way for import of hybrid cars for environment and fuel has been facilitated. Thanks to the finance minister for this. However, we are demanding review of the proposed tariff.
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