It wrote to the NBR recently for taking measures in this regard to help RMG waste recyclers survive import competition.
Local recyclers collect waste from garment factories and textile mills to be used by spinning mills.
Currently, they have to pay 7.5% VAT at the collection stage and 15% at the supply stage of their products.
Sources:
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
