Investment Board Act, 1989

 

Investment
Board Act, 1989

 

Sections—11(6)
and 14(4)

Approval
of project and exempted rate of duties

The
scheme of the Act seems to be that the decision of the Board of Investment
relating, inter alia, to facilities for implementation of a project in due time
shall be implemented as a Government decision. Not only that, under section
11(6) when the Board of Investment decides that a project should get the
benefit of an S.R.O. it amounts to a decision of the National Board of Revenue
itself “which shall be implemented.”

The
Chairman, National Board of Revenue and others Vs Beximco Infusions Ltd.,
Dhaka, 17 BLD (AD) 83.

 

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