The Customs Intelligence and Investigation Directorate (CIID) has raided six textile mills in Narayanganj over allegations of evading Tk 269.48 crore in customs duties by abusing bond facilities. The simultaneous raids were conducted on October 8, 2026, in Rupganj, Bandar, and Araihazar areas.
Preliminary findings show that instead of using duty-free imported yarn, raw materials, and chemicals for production, these items were sold in the open market. The initial estimates of evaded duties include around Tk 90.77 crore for Sim Fabrics, Tk 64.61 crore for Jahin Knitwears, Tk 60.33 crore for Sanjana Fabrics, Tk 39.50 crore for Bonafide Knitting Mills, Tk 4.83 crore for Mozammel Hossain Spinning Mills, and Tk 9.45 crore for Jamal Uddin Textiles.
CIID stated that verification and analysis of the collected documents are ongoing. Legal action will be taken according to prevailing laws after determining the exact amount of revenue evasion upon final investigation.
Reported by 7 outlets. See the original sources below for full details.
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