The government has extended the deadline for VAT exemption on the import of soybean oil and palm oil extended by four months till April 30, 2023, in order to keep stable the price of such edible oil.
The National Board of Revenue (NB) issued a notification in this regard on Monday, according to BSS.
Source: thefinancialexpress.com.bd
Latest Posts in "Bangladesh"
- NBR Expands Customs, VAT Wings and Splits into Two Divisions to Boost Revenue and Tax Base
- NBR Unveils Major Customs and VAT Reforms to Expand Tax Net and Boost Revenue Collection
- NBR Finalises Draft VAT Rules, Introduces Online Payment and Registration System
- Bangladesh Exempts Bonded Exporters from VAT on Local Procurement to Boost Competitiveness
- NBR Simplifies VAT Rules for Deemed Exports to Boost Local Suppliers