Apart from 25% customs duty, the importers currently pay 15% value added tax (VAT), 2% advance income tax (AIT) and 2% SCM — 30.75% in total
Source: DhakaTribune
Latest Posts in "Bangladesh"
- NBR Launches Online VAT Refund System for Faster, Direct Bank Transfers to Taxpayers
- NBR Launches Online VAT Refund System to Boost Efficiency and Transparency for Taxpayers
- NBR Launches Automated VAT Refunds, Cancels Old Applications, Ensures Direct Bank Transfers
- 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














