DHAKA: The government has decided to withdraw duty on the import of unrefined sugar to keep the deficient local market stable.

“The government has decided to withdraw Tk 2,000 specific duty on per-ton sugar from September 15,” according to a source in the National Board of Revenue (NBR).  

He said the government took the decision to keep the sugar price stable on the local market “in public interest”.

Ahead of Ramadan, the government had fixed sugar price at Tk 45 per keg at mill gate, but the essential item sells at Tk 50-55 a kilogram on the retail market.     

BDST: 1805 HRS, SEPT 1, 2010