- Bangladeshi Official Gazette published VAT S.R.O. Nos. 38, 39, 40, and 41
- Measures announced for various products and services
- Reduction in supplementary duty on mobile phone services
- Withdrawal of supplementary duty on internet service providers
- Reduction in VAT rate for medicines at local business level
- Changes in VAT rates for non-branded and branded clothing
- Reduction in VAT rate for sweet shops and non-AC hotels
- Imposition of 10 percent VAT rate on motor vehicle garages and workshops
- Orders took effect on Jan. 22
Source: news.bloombergtax.com
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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