VAT News
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Facebook gets VAT registration
Social media giant Facebook yesterday received the value-added tax registration from the National Board of Revenue after 2 yrs of...
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Withdraw VAT, import duty over manmade fibre: BTMA
Textile millers yesterday demanded the withdrawal of value-added tax (VAT) and import duty about all types of manmade fibre for...
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904, out of 1 1,024 shops, in eight markets don't pay VAT
As many as 904, out of 1 1,024 retailers at eight market segments in Dhaka, Narayanganj and Savar usually do...
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Administrator appointed to Delta Existence Insurance
The Insurance Expansion & Regulatory Authority (IDRA) yesterday appointed an administrator with immediate effect to one of the sector's top...
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Women entrepreneurs want digital skills: experts
Women entrepreneurs ought to be skilled in digitalisation to be able to avail the benefits of modern technology in order...
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Raid at Lakeshore Resort on VAT evasion charges
VAT intelligence of the National Board of Revenue about Tuesday raided Lakeshore Hotel, an upscale hotel at Gulshan in Dhaka,...
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Locally made LPG cylinders get yourself a cut in VAT
The earnings authority has reduced value added tax (VAT) on locally made cylinders for storing liquefied petroleum gas (LPG) as...
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NBR walks rear on order seeking information to sniff out VAT evasion
The VAT Cleverness yesterday withdrew its directive that had asked banks to supply information on discrepancies in turnover figures displayed...
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The elusive quest for VAT automation
Much has been said about the modernisation and automation of the value-added tax system in Bangladesh over the last decade....
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NBR eyeing VAT from streaming platforms
Netflix and Amazon Primary have become household names found in Bangladesh as the ongoing coronavirus pandemic comes with forced persons...
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PPEs and surgical masks now VAT-free
The National Board of Revenue (NBR) yesterday exempted value-added tax on domestic manufacturing on personal protective equipment (PPE) and surgical...
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Social media giants will get VAT registration soon
The National Board of Revenue plans to permit global social media giants to secure direct VAT registration without opening local...
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NBR once again extends deadline for VAT software use
The National Board of Revenue has extended the deadline for the third time for use of software for record-keeping by...
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Edible oil prices hauled up by VAT
The imposition of value-added tax (VAT) and advance tax (AT) in the value chain of edible oil are contributing to...
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Waivers eat up 10pc of tax income: Kamal
The tax income would be 10 percent higher if the government includes the tax exemptions and waivers that it extends...
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Top VAT-payers to be honoured today
The National Board of Revenue will honour the country’s top VAT-payers today in its bid to encourage compliance and raise...