The National Board of Revenue has imposed a fresh 25 per cent regulatory duty on the export of crude and refined rice bran oil to increase domestic supply and keep the prices stable.
The tax administration issued a notification in this regard on Sunday. This move is expected to discourage export of rice bran oil.
Earlier, in December last, the Bangladesh Trade and Tariff Commission sent a letter to the NBR requesting the imposition of export duty on the cooking oil.
