Bangladesh NBR Reduces Import Duties on Electric Motor Manufacturing Materials (SRO 195-Ain/2025/17/Customs)

Mechanism

NBR maintains a standing concessionary-duty scheme (established by SRO 163-Ain/2024) that lists specific raw materials and components eligible for reduced import duty when imported by registered domestic electric motor manufacturers, as an input-cost support measure for the sector. SRO 195-Ain/2025/17/Customs, gazetted 29 May 2025 and effective 2 June 2025, amends that base order to add further materials/HS lines to the concessionary list — per Global Trade Alert's classification, a "tax or social insurance relief" (liberalising) intervention. Global Trade Alert lists Brazil, China and Finland as the trading partners whose exporters are most affected by the change (i.e., current suppliers of the newly concession-eligible inputs).

Downstream implications

• Lowers landed input costs for Bangladeshi electric motor and motor-parts manufacturers,

supporting import substitution and local value-add in a light-engineering sub-sector tied to Bangladesh's broader e-mobility and appliance manufacturing push.

• Benefits exporters of the newly concession-eligible materials from Brazil, China and

Finland by making their inputs more price-competitive for Bangladeshi buyers relative to domestically sourced alternatives.

Open questions

• The specific HS codes and materials added to the concessionary list, and the exact duty

rate(s) before/after the amendment, were not confirmed — the primary SRO document is a scanned gazette PDF without an extractable text layer; only its title, number and date were confirmed via the NBR SRO index.

• Whether SRO 163-Ain/2024 (the base order this amends) is itself in scope for the register.