The government has opted to clamp down on VAT, specially from SME. “Although this sector holds an immense prospect for VAT revenue, the collection of VAT from this sector is very challenging,” a senior official of the National Board of Revenue (NBR) told UNB.
Source: unb.com.bd
Latest Posts in "Bangladesh"
- Bangladesh Exempts Bonded Exporters from VAT on Local Procurement to Boost Competitiveness
- NBR Simplifies VAT Rules for Deemed Exports to Boost Local Suppliers
- NBR Simplifies VAT Rules for Deemed Exports to Boost Local Suppliers
- NBR Clarifies VAT Exemption Conditions for Exporters on Local Purchases
- VAT Waiver on Vessel Imports: Opportunity for Growth with Rigorous Compliance Conditions