- NBR chairman Md Abdur Rahman Khan reported not receiving VAT invoices at upscale restaurants and shops in Dhaka, highlighting a widespread lack of compliance.
- He emphasized that the culture of issuing VAT invoices has not developed, making tax collection challenging.
- The NBR is working to simplify the VAT process for taxpayers.
- The Bangladesh Hotel, Restaurant and Bar Owners Association president criticized VAT officials for harassing compliant businesses and applying unreasonable pressure.
- The NBR chairman attributed some enforcement issues to the lack of accurate sales data and urged businesses to maintain proper accounts and transparency.
Source: dhakatribune.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.
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














