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Bangladesh May Reverse Quarterly VAT Returns After Sharp Revenue Drop

  • Bangladesh’s NBR is considering scrapping the quarterly VAT return/payment option and restoring monthly filing.
  • The review follows a sharp 20% drop in VAT collection in July-August, the first two months of the fiscal year.
  • Businesses oppose the change, saying a return to monthly payments could hurt ease of doing business.

Source: tbsnews.net

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



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