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these necessities, especially during a time of economic strain,” added the top executive.

Salim Ullah Salim, director of marketing at Jamuna Electronics, expressed concern about the decision to withdraw VAT exemption at the manufacturing stage.

“While this may appear to be a long-term industrial strategy, the immediate effect on the ground is quite worrying,” he said. “Withdrawal of VAT exemption at the production stage could lead to price hikes for all consumer durables.”

“Production costs are already soaring due to gas and fuel supply issues, dollar-based raw material imports, and rising duties. The added tax pressure will worsen this,” Salim commented.

“With inflation high and incomes falling, even essential electronics are starting to feel like luxuries,” he added. “In a fragile market with shrinking sales and rising costs, any additional tax ultimately burdens the end consumer. The timing of this move could intensify that pressure.”

Nurul Afser, deputy managing director of Electro Mart Limited, said the decision to withdraw VAT exemptions would inevitably push up prices, placing more pressure on low- and middle-income families.

“This step will not only hurt consumers but also slow down the progress of the domestic electronics industry,” he commented.

Afser believes that rising prices could dent demand significantly. “With higher costs, many families may no longer be able to afford essential home appliances. The industry may face serious setbacks as a result.”

He urged policymakers to reconsider the move to support the sector’s growth momentum.