The Taxation System of Bangladesh: Paving the Way for Automation

The Benefits of a Fully Automated Tax Collection System for...

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Digital Economy of Bangladesh

Taxation system of Bangladesh

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WHY AUTOMATION NEEDED IN TAX REVENUE COLLECTION?

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...

What is the minimum prerequisite of a VAT agent?

The VAT agent must have one or more of the following prerequisites: VAT consultant appointed under Section 130 of the law.Registered member of the Institute of Chartered Accountants of Bangladesh...

At which stage of supply VAT becomes payable?

In cases of taxable supply, VAT shall be payable in the event of any of the following activities whichever occurs first-  In case of ordinary supply-When supply is delivered.When invoice...
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