Exporters will enjoy cash incentive for shoes and bags made of a mixture of synthetic materials and fabrics under the bond and duty drawback facilities, said Bangladesh Bank(BB).
The central bank today issued a circular to this end.
As per the circular, the government will provide 3 percent cash assistance for shipped goods from February 1, 2024 to June 30, 2024.
The government will also provide 2 percent cash incentive for shipped goods from July 1, 2024 to June 30, 2025, the circular added.
The other instructions of concerned circulars for exporting shoe and bag made of synthetic-fabrics mix under bond facility will remain unchanged.