Mentioning that the National Board of Revenue (NBR) has reduced edible oil duty by Rs 5 per litre, the Minister of State for Commerce requested traders, “The government has given a rebate of Rs 5 (per litre). Please leave Tk 5 discount as Ramzan is knocking on the door.
Mill owners and oil refiners who attended the meeting complied with the request.
As a result, from March 1, bottled soybean oil will be sold at Tk 163 per liter instead of the current Tk 173, while 1 liter of loose soybean oil will cost Tk 149.