Bangladesh changes VAT rates on certain goods
- Jun 24, 2014 | Richard Asquith
This year’s Bangladesh budget has raised the Value Added Tax rates on a range of goods, including:
- VAT on restaurants is to be increased from 6% to 7.5%
- VAT on some language, motor and port services is to be raised from 6% to 7.5%
- There is to me a cut in VAT on basic cooking oils from 15% to 10%.
The above changes come in addition to Bangladeshi VAT Compliance changes also announced in the budget
Bangladesh VAT news
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avalara:content-tags/location/world/apac/bangladesh,avalara:content-tags/asset-type/blog-post,avalara:content-tags/tax-type/vat,avalara:content-tags/primary-blog-tags/vatlive/location/asia/bangladesh
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avalara:content-tags/location/world/apac/bangladesh,avalara:content-tags/asset-type/blog-post,avalara:content-tags/tax-type/vat,avalara:content-tags/primary-blog-tags/vatlive/location/asia/bangladesh
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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax
Richard Asquith
Richard Asquith is the former VP Global Indirect Tax at Avalara