In my opinion this does not make any sense, unless Bangladesh is an important manufacturer of phones and wanted to kept their national industry alive, by keeping international competition away.
But since most phones are manufactured in China, I assume this is nothing but some cash grab by the government of Bangladesh, they know all their citizens will eventually renew their phones and they do not want to lose any chance to profit from it...
The fact they previous tax was over 61 percent is insane to me.
I don't think they are! NO Nope! They don't manufacture all the available flagship phones here, their capabilities are limited, and target low to mid end phone users and in some cases high ends also. But most of the times as far I have known it's the mid and low end users. Note that I did a mistake, they do not manufacture anything here. They are nowhere near manufacturing. They import the parts separately, pays 5-10% (now 5) TAX and assembles and distributes. That's just it.
As a consumers myself, I understand this much that these 9 local manufacturers are trying to manopolize this whole mobile phone industry. Again note that I am not taking sides. I or my family aren't involved with mobile phone business or anything. I am only a normal consumer who thinks, what's happening right now is wrong.]
Could this be a deliberate acts by the government of that country to put a high tax rates on mobile devices while they enjoy free privileges and opportunities. I think the percentage of tax is way too high have they ever thought of the citizens that tends not to afford such devices at that very rates. There should be a means to turn this down and reduce the high rates so every citizens can have access.
Not the whole govt but certain high offcials who are helping their rich friends getting richer while creating a toxic envirnoment for the other group (unofficial sellers). These high official thinks they can get away with anything, that they''ll demand anything and the people will listen.