What is Registration or Enlistment?

Under the Value Added Tax procedure, any importer, exporter or taxable supplier has to be involved in the VAT procedure. This involvement takes place with the VAT procedure through registration...

What are the advantages of having a BIN?

A businessman’s legal validity of business is established through the BIN. You can avail the following advantages: All import- export activities except baggage import.Registration of land or building in the...

What are the Forms concerned with Registration or Enlistment?

The Forms concerned with Registration or Enlistment are as follows: Sl NoDescriptionForm No1Central registration / enlistment2.12Branch registration2.23Value Added Tax registration certificate / Turnover tax enlistment certificate2.34Value Added Tax registration /...

Who pays VAT under which cases?

VAT is paid by – In case of import- the importer.In case of taxable supply in Bangladesh- the supplier.In case of sale of goods by auction bidder – the auction...
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