VAT

The Value Added Tax (VAT) on fees and hotel rents (hospitality charges) for foreign physicians treating patients hurt during anti-discrimination student protests has been exempted by the National Board of Revenue (NBR). In a notification released...

The National Board of Revenue (NBR) has recognized bKash as the largest Value Added Tax (VAT) payer in the service sector nationally for the fiscal year 2021–2022 for the second consecutive year. During an event held...

The USA-based subscription streaming service and production company Netflix has got the Value-Added Tax (VAT) identification number from the National Board of Revenue (NBR). The Web streaming giant today received the Business Identification Number (004319482/0208) registration...

Microsoft Corporation, an American multinational technology corporation, has paid Taka 3,23,76,000 as VAT for the first time as a non-resident company. After taking its Business Identification Number (BIN) from the Customs, Excise and VAT Commissionerate, Dhaka...

Transactions at Ambee Pharmaceuticals’ bank account have been halted due to the company’s failure to pay VAT despite repeated directives from the relevant authorities. This biopharmaceutical company’s account has been frozen because it failed to pay...

Popular social media Facebook has paid Taka 2.27 crore as value added tax (VAT) for the month of July. Facebook, registered with the Customs, Excise and VAT Commissionerate, Dhaka South, paid the VAT yesterday by submitting...

Google, the world’s most popular search engine, has paid the National Board of Revenue Tk2.3 crore in value-added tax (VAT) (NBR). They are the second big digital company to pay VAT in Bangladesh, following Facebook, which...

Popular social media Facebook has taken Business Identification Number (BIN) to get direct VAT-related services, including VAT payment and VAT return submission. Facebook has received three separate BIN registrations in terms of online application. Additional Commissioner...

American multinational technology company and Search engine giant Google has taken up a business identification number (BIN) in Bangladesh to gain value-added tax (VAT)-related services including VAT payment and VAT return submissions in Bangladesh. The project...

Finance Minister AHM Mustafa Kamal has proposed to withdraw the value-added tax (VAT) on testing kits used for coronavirus prevention and detection in the 2020-21 budget. .Mustafa Kamal also proposed to withdraw VAT on locally produced...