The National Board of Revenue (NBR) has decided to eliminate all import duties on electric school buses as part of a strategic move to reduce fuel consumption in the transport sector.
"This initiative is the first phase of a broader government plan to promote energy efficiency in public transportation," said NBR Chairman Md Abdur Rahman Khan during a pre-budget discussion for the 2026-2027 fiscal year held at the Revenue Building in Dhaka recently.
Unlike many fiscal changes that take effect with the new national budget, he said, the duty waiver for electric school buses will be implemented immediately.
The NBR Chairman confirmed that a Statutory Regulatory Order (SRO) will be issued shortly to grant this exemption.
"We will not wait for the upcoming budget to implement this initiative," the Chairman stated, adding that while the national budget will see significant changes regarding the electric vehicle (EV) sector, this specific measure is being fast-tracked.
