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AUW gets VAT exemption on place, house rent
Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:03am on September 29, 2019
Asian University for Women had been given value added tax exemption for place and house rent for the sake of expanding women education. National Board...
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EPZ exporters to get utility VAT waiver only for production facilities
Staff Correspondent | Updated at 12:00am on September 27, 2019
Exporters, deemed exporters and factories located inside the country’s export processing zones will be allowed to avail value-added tax exemption on bills for consumption of...
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Facebook to appoint representative in Bangladesh to deal with tax-related matters: officials
Staff Correspondent | Updated at 12:00am on September 24, 2019
Facebook officials on Monday assured the government that it would appoint a representative in Bangladesh within four to six weeks for complying with the local...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
Wednesday, March 03, 2021
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