VAT News
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TIB criticises govt for announcing 10% VAT rebate on coal importTransparency International Bangladesh (TIB) on Saturday described the government’s move to award 10 percent VAT rebate on importing coal for...
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NBR cuts VAT on coal import for power plantsThe National Board of Revenue (NBR) reduced value added tax on the import of coal for power plants to 5...
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Airlines to count 15pc VAT on airport servicesAirlines will have to count 15 percent value added tax (VAT) on aeronautical services provided by the Civil Aviation Authority...
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VAT cut likely for power plants’ coal importThe National Board of Revenue is likely to cut value added tax on the import of coal for power plants...
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No response from Facebook, Google, YouTubeThe government has failed to bring Facebook, Google, YouTube and other digital platforms under its tax network three months after...
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36 cos evade Tk 3,390cr VAT: NBRSome 36 multinational and local companies have dodged Value Added Tax (VAT) of Taka 3,390 crore.Large Taxpayers Unit (LTU) of...
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No need to visit VAT office for registration: NBRGetting registered for value added tax (VAT) does not require any visit to revenue offices as it can be done...
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Tax receipts fall short of target by 20pcTax collection fell short of target by 20 percent in fiscal 2018-19, with the National Board of Revenue (NBR) blaming...
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Get VAT registration irrespective of turnoverThe National Board of Revenue (NBR) has asked firms engaged in doing businesses of more than 170 products and services...
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One single VAT registration for taxpayer is way forwardI extend my sincerest thanks to the National Board of Revenue (NBR) for amending several provisions of the Finance Bill...
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BTRC refuses to accept operators’ quarterly payment sans VATThe telecom regulator has refrained from receiving mobile phone operators’ various payments for the April-June quarter after the latter declined...
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Cement price rises Tk 50 per bagThe retail price of each 50-kg bag of cement has edged up 12 percent, or Tk 50, to Tk 460-470...
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No VAT on import of raw materials for sanitary napkinThe National Board of Revenue (NBR) has exemp-ted value-added tax and supplementary duty on the import of raw materials for...
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VAT 5pc, comes into effect todayThe value added tax (VAT) proposed in the budget for 2019-20 on online shopping comes into effect from today, albeit...
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Gold fair fetches Tk 175cr in taxJewellers paid about Tk 175 crore in tax to legalise their undeclared stock of gold at the three-day gold fair...
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Tax measures to hit steel industry, consumers hardThe price of mild-steel rod will go up Tk 10,350 per tonne if the proposed value-added tax and other fiscal...
