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Taking 38 Services: Needs to Show the Proof of Submission of Income Tax Return
Taking 38 Services: Needs to Show the Proof of Submission of Income Tax Return National Board of Revenue (NBR) has taken an remarkable initiative regarding with the ensurance of submitting income tax return. NBR has determined some services which are being taken by a...
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...
Section – 10: Value Added Tax and Supplementary Duty Act, 2012
Section No. - 10: Persons required to be enlisted and their enlistment.— (1) If a person, carrying on an economic activity, exceeds at the end of any quarter of a 12 (twelve)-month period, the enlistment threshold, but does not exceed the registration threshold, such...
Section – 9: Value Added Tax and Supplementary Duty Act, 2012
Section No. - 9: Cancellation of VAT registration.— (1) If a registered person refrains from carrying on his economic activities, he may make, within such time, on such terms and in such manner as may be prescribed, an application to the Commissioner for the...
Section – 8: Value Added Tax and Supplementary Duty Act, 2012
Section No. - 8: Voluntary VAT registration.— (1) Any person, making a taxable supply in the process of economic activities are not required to be registered, may voluntarily make, within such time, on such terms and in such manner as may be prescribed, an application...
Section – 7: Value Added Tax and Supplementary Duty Act, 2012
Section No. - 7: Publication and preservation of a list of registered persons.— (1) The Board shall, from time to time, prepare, in such manner as may be prescribed, a list of registered persons and publish , circulate and preserve such list. (2) No person, whose name...
Section – 6: Value Added Tax and Supplementary Duty Act, 2012
Section No. - 6: VAT registration.— (1) Every person required to be registered shall make, within such time, on such terms and in such manner as may be prescribed, an application to the Commissioner for VAT registration. (2) The Commissioner shall, after registering...
Section – 5: Value Added Tax and Supplementary Duty Act, 2012
Section No. - 5: Registration of central, or branch unit.— (1) Every person required to be registered for his economic activities shall have only one VAT registration for the central, and all the branch units. (2) Notwithstanding anything contained in sub-section (1),...
Value Added Tax and Supplementary Duty Act 2012 (English) PDF
VAT_and_SD_Act_2012_English_PDF Click Here to download this act. This is the present Act of Value Added Tax and Supplementary Duty in Bangladesh. Every VAT Consultant, Revenue Office, Customs Officer and other related persons or professionals should read...
Section – 4: Value Added Tax and Supplementary Duty Act, 2012
Section No. - 4: Persons required to be registered for VAT (1) Irrespective of any central, or branch unit, each of the following persons shall, from the first day of a month, be required to be registered for VAT, namely— (a) a person whose turnover exceeds the...
Section – 3: Value Added Tax and Supplementary Duty Act, 2012
Section No. - 3: The Act to Prevail.— Notwithstanding anything contained in any other law or rule or regulation for the time being in force or in any other instrument having the force of law, the provisions of this Act shall prevail. Source:...
Section – 2: Value Added Tax and Supplementary Duty Act, 2012
Section No. - 2: Definitions.— In this Act, unless there is anything repugnant in the subject or context,— (1) "non-resident" means a person who is not a resident; (2) "offence" means any offence specified in sections 111, 112 and 113; (3) "exempted supply" means any...
Section – 1: Value Added Tax and Supplementary Duty Act, 2012
Section No. - 1: Short Title and Commencement.— (1) This Act may be called the Value Added Tax and Supplementary Duty Act, 2012. (2) The Chapter Two, Chapter Twelve and Chapter Fifteen, and sections 128, 132, 134, and 135 of this Act shall come into force at once. (3)...
The Procedures of VAT Registration Cancellation in Bangladesh
Cancellation of VAT registration According to the Section No. - 9 of Value Added Tax and Supplementary Duty Act, 2012 following ways VAT registration will be cancelled in Bangladesh: (1) If a registered person refrains from carrying on his economic activities, he may...
Who are Required to be Registered for VAT in Bangladesh
Persons required to be registered for VAT According to the Section No. - 04 of Value Added Tax and Supplementary Duty Act, 2012 following persons are required to be registered for VAT in Bangladesh: (1) Irrespective of any central, or branch unit, each of the...
Investment Opportunities for Foreigners in Bangladesh
Investment Opportunities for Foreigners in Bangladesh BIDA Investors Service BIDA is the zenith Investment Promotion Agency (IPA) in Bangladesh. BIDA provides a wide range of services to foreign investors. BIDA welcomes visiting foreign investors and delivers services...
Bangladesh: The Best Place for Investment in the World
Bangladesh: The Best Place for Investment in the World Why Bangladesh Bangladesh is now one of the prominent developing nations in the world and foreign investors are finally starting to identify it as one of most economically viable country to invent in. After...
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