Advertisement

VAT

  • Images

    NBR inaction risks smooth run of online VAT system

    Jasim Uddin | Updated at 12:00am on September 15, 2019

    The National Board of Revenue has made no progress in taking over the automated value-added tax system from the Vietnamese firm posing serious risks to...

  • Images

    36 cos evade Tk 3,390cr VAT: NBR

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:00am on August 28, 2019

    Some 36 multinational and local companies have dodged Value Added Tax (VAT) of Tk 3,390 crore. Large Taxpayers Unit (LTU) of National Board of Revenue...

  • Images

    NBR finally enables DEDO to refund duty to exporters

    Staff Correspondent | Updated at 12:00am on August 27, 2019

    Exporters’ problem in getting duty drawback is set to be solved as the National Board of Revenue has decided to empower its Duty Exemption and...

  • Images

    Drug producers seek cancellation of new VAT calculation method

    Jasim Uddin | Updated at 12:00am on August 25, 2019

    Bangladesh Association of Pharmaceutical Industries has demanded cancellation of the new calculation method of value-added tax for medicines to avoid ‘price hike’ of the life...

  • Images

    NBR allows single BIN for firm with multiple units

    Staff Correspondent | Updated at 12:00am on August 21, 2019

    Firms run business operations through more than a unit or branch will be able to obtain single business identification number (BIN) instead of separate BINs...

  • Images

    Ride-sharing service cos to pay VAT

    Staff Correspondent | Updated at 12:00am on August 20, 2019

    Value-added tax at the rate of 5 per cent on ride sharing service will be applicable only on the service providing companies’ share in the...

  • Images

    Businesses demand withdrawal of AT on raw materials import

    Staff Correspondent | Updated at 12:00am on July 28, 2019

    Businesses on Saturday demanded withdrawal of advance tax (AT) on import of raw materials to keep prices of finished products affordable. At a workshop on...

  • Images

    VAT on pharma items included in retail prices: NBR says

    Staff Correspondent | Updated at 12:00am on July 24, 2019

    Pharmaceutical companies will have to consider that the rates of value-added tax on both production and sales of medicines are included in the retail prices...

  • Images

    More large companies to come under LTU

    Staff Correspondent | Updated at 12:00am on June 25, 2019

    The National Board of Revenue has withdrawn the upper limit on the number of companies to be brought under its Large Taxpayers Unit (LTU-Value-Added Tax)...

  • Images

    Experts slam budgetary provisions allowing tobacco cos’ profit rise

    Staff Correspondent | Updated at 12:00am on June 23, 2019

    Experts and anti-tobacco campaigners on Saturday alleged that the government had given huge benefits, including Tk 400 crore VAT rebate, for tobacco companies in the...

Advertisement

images