STAR BUSINESS REPORT

The Bangladesh Jeweller’s Association (BAJUS) has proposed reducing the maximum weight of gold jewellery a person can bring from abroad under the baggage rule to 50 grams.

At present, airline passengers can carry up to 100 grams of gold jewellery into the country without paying duty upon entry. However, they are not allowed to bring more than 12 pieces of any single type of ornament.

If implemented, the move would protect the interests of local gold traders, according to Anwar Hossain, chairman of the BAJUS standing committee on tariff and taxation.

Hossain was speaking at a post-budget discussion on the proposed national budget for fiscal year 2023-24 at the BAJUS office in Dhaka yesterday.

By amending the baggage rule, it would be possible to control gold smuggling to a large extent, he said.