World · Bangladesh Bureau
NBR clarifies cotton yarn classification: 10-30 count defined as single yarn
Bangladesh's National Board of Revenue has issued a clarification on the classification of cotton yarn, specifying that the 10-30 count range refers exclusively to single count yarn. The directive aims to standardise terminology and avoid confusion in the textile sector.
LSN Bangladesh ·
The National Board of Revenue (NBR) has issued an official clarification regarding the classification of cotton yarn to bring consistency in the country's textile industry standards. The directive specifies that cotton yarn in the 10-30 count range should be understood and classified as single count yarn, establishing clear parameters for both manufacturers and traders.
The clarification is expected to streamline customs classifications and trade documentation across Bangladesh's significant textile sector. By defining the 10-30 count category as single yarn, the NBR aims to eliminate ambiguity that may have previously existed in import-export procedures and tariff assessments.
The textile industry, a cornerstone of Bangladesh's export economy, relies on precise technical specifications for yarn classification. This directive from the revenue board provides industry stakeholders with authoritative guidance on how cotton yarn should be categorised for regulatory and commercial purposes.
The clarification aligns with international textile standards while addressing local classification practices. Industry participants are expected to implement the new guidelines in their documentation and compliance procedures moving forward.