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VAT

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    NBR asks Petrobangla, 3 cos to pay Tk 2,701cr due VAT, SD

    Jasim Uddin | Updated at 12:00am on April 26, 2019

    National Board of Revenue on Wednesday served four separate notices on state-run Petrobangla and three of its companies demanding a total of Tk 2,701 crore...

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    Steel makers seek continuation of tariff-based VAT

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

    Three associations of steel manufacturing sector on Wednesday demanded continuation of the existing tariff-based value added tax on rod and steel-made products in the distribution...

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    FICCI seeks 6 months for preparation to comply with new VAT law

    Staff Correspondent | Updated at 12:00am on April 10, 2019

    Foreign Investors’ Chamber of Commerce and Industry on Tuesday sought minimum six more months for system upgradation to comply with the new VAT law once...

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    NBR for keeping system like package VAT

    Staff Correspondent | Updated at 12:00am on April 10, 2019

    National Board of Revenue might continue systems like package VAT for small traders in the budget for the fiscal year 2019-2020, NBR chairman Md Mosharraf...

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    Online VAT return submission begins

    Staff Correspondent | Updated at 12:00am on April 02, 2019

    National Board of Revenue on Monday launched online VAT returns submission process for large-scale businesses, two years after introducing the online VAT registration system. Businesses...

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    BSEC wants permanent waiver from tax, VAT

    Mostafizur Rahman | Updated at 12:00am on March 27, 2019

    Bangladesh Securities and Exchange Commission has sought permanent exemption from paying value-added tax and income tax imposed on its earnings saying that the commission is...

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    Mercedes-Benz, BMW lower prices in China after VAT drop

    Reuters | Updated at 12:00am on March 17, 2019

    BMW AG and Mercedes-Benz said on Saturday they will lower their prices in China, after the government announced it will reduce the country’s value-added tax...

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    Rohingya people relocation project gets VAT waiver

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

    National Board of Revenue has exempted the Ashrayan Project-3, which is dedicated to building shelters for relocating Myanmar national Rohingya refugees at Hatiya in Noakhali,...

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    New VAT law to be implemented partially: Mustafa Kamal

    Staff Correspondent | Updated at 12:06am on March 11, 2019

    Finance minister AHM Mustafa Kamal on Sunday said that the suspended law on value added tax would be implemented partially from July 1.The VAT law...

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    NBR waives advance VAT on Gonoshasthaya’s 9,000 dialysis machines import

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

    National Board of Revenue has waived advance trade VAT on import of around 9,000 dialysis and haemodialysis machines to be imported by Gonoshasthaya Kendra to...

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