The government has opted to clamp down on VAT, specially from SME. “Although this sector holds an immense prospect for VAT revenue, the collection of VAT from this sector is very challenging,” a senior official of the National Board of Revenue (NBR) told UNB.
Source: unb.com.bd
Latest Posts in "Bangladesh"
- Mobile Operators Urge VAT Exemption on Spectrum Fees to Boost Investment and Align with Global Norms
- NBR to Launch QR Code System on Packaged Goods to Prevent VAT Evasion
- Bangladesh plans to Implement Uniform 15% VAT Rate Across All Sectors
- Businesses Face Persistent Challenges with Online VAT Return System, Seek NBR Action
- Bangladesh Plans Uniform 15% VAT for All Sectors, No Compromise on Advance Income Tax
