February 2024

  • You Must Register For VAT If You Are An Accountable Person

    In April 1979, the Taxation Enquiry Commission (TEC) officially took up the issue of introducing VAT in Bangladesh as an alternative to sales tax. A value-added tax (VAT) is collected on a product at every stage of its production during which value is added to it, from its initial production to the point of sale.…

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