VAT Registration and VAT Return Submission
VAT Registration: Who are required to be registered for VAT
According to the Section Number 4 of the Value Added Tax and Supplementary Duty Act, 2012, all of the Persons or business entities don’t need to be registered for VAT. But, following persons or business entities are required to be registered for VAT:
(a) a person whose turnover exceeds the registration threshold within a 12 (twelve)- month-period closing at the end of the month preceding that month; or
(b) a person whose estimated turnover exceeds the registration threshold within the succeeding 12 (twelve)- month-period beginning at the start of the start of the preceding month.
(2) Notwithstanding anything contained in sub-section (1), every person carrying on the following economic activities of—
Has to be registered for VAT, if he—
(a) manufactures any good subject to supplementary duty in Bangladesh; or
(b) supplies any service subject to supplementary in Bangladesh;
VAT Registration: Authority & Process
Ultimate Authority of VAT registration is National Board of Revenue (NBR) in Bangladesh. NBR has made digitalization of VAT registration process. If any one to make an application for VAT registration he or she will do that in the VAT Online Service or by going to eBIN registration process. NBR has started Online VAT Registration process. Required documents for VAT registration is also see here. You may contact with us.
Monthly VAT Return Submission
Every VAT registered persons or entities must submit monthly VAT return by calculation VAT and deposited to the Govt. Treasury. For Monthly Online VAT return submission, we are here to help you.
VAT Digitalization
You may calculate your VAT by VAT Calculator. You can learn about VAT in the NBR website. You will find here all VAT acts. You also make VAT payment by using e-payment portal of VAT online payment.