CAPE - Masterclass On VAT - Dr. Abdul Mannan Shikder Sir - Member (VAT Implementation & IT) NBR

Address:#1113, Level-10, Shah Ali Plaza, Mirpur-10, Dhaka.
Corporate Academy for Professional Excellence.

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To the Presentation
On
Tax System in Bangladesh
Presented By:
Abdul Mannan Shikder
Member (VAT: Implementation & IT), NBR

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Ministry Of Finance
Internal Resources Division (IRD)
National Board of Revenue (NBR)
Customs wing VAT Wing Income Tax Wing

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NBR Formation.
Chairman
Administration Customs VAT Income Tax

(Member) (Member) (Member) (Member)
First Sec. First Sec. First Sec. First Sec.
Second Sec.
Section Assistant
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Organgram of Field Commissionerate.
VAT Commissionerate
Divisional Office Divisional Office Divisional Office
Circle Office Circle Office Circle Office Circle Office
Range 01 Range 02 Range 03 Range 04

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A tax is a compulsory financial charge or some other type of
levy imposed on a taxpayer (an individual or corporate entity)
by a government organization in order to fund for
government spending and various public expenditures.
A failure to pay, along with evasion of or resistance to
taxation, is punishable by law.
The first known taxation took place in Ancient Egypt around
3000–2800 BC.
Most countries have a tax system in place to pay for public,
common, or agreed national needs and government
functions.
In economic terms, taxation transfers wealth from households
or businesses to the government
Corporate Academy for Professional

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Taxes consist of direct or indirect taxes.
 In general, a direct tax is a tax imposed upon a person or
property as distinct from a tax imposed upon a transaction,
which is described as an indirect tax.
 An indirect tax [such as sales tax, Value Added Tax (VAT),
Goods & Services Tax (GST), consumption tax, customs duty
(tariff)] is a tax collected by an intermediary (such as an
importer, manufacturer, service provider, trader, retail store)
from the person who bears the ultimate economic burden of
the tax (such as the consumer).

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 Customs is an authority in a country responsible for collecting
customs duties (tariffs) and for controlling the flow of goods which
are restricted, contravened, and hazardous items, into and out of a
country.
 Traditionally, customs has been considered as the fiscal subject that
charges customs duties and other taxes on import and export.
 In recent decades, the views on the functions of customs have
considerably expanded and now covers three basic issues: (i)
taxation, (ii) security and (iii) trade facilitation.
 Each country has its own laws and regulations for the import and
export of goods into and out of a country, enforced by their
respective customs authorities;
 the import/export of some goods may be restricted or forbidden
entirely.
 A wide range of penalties are faced by those who break these laws

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Red and green channel
In many countries, customs procedures for arriving passengers at
many international airports and some road crossings are separated
into red and green channels.
Passengers with goods to declare (carrying goods above the
permitted customs limits and/or carrying prohibited items) go through
the red channel.
Passengers with nothing to declare (carrying goods within the
permitted customs limits and not carrying prohibited items) go
through the green channel.

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● German industrialist Dr. Wilhelm Von Siemens proposed
the concept in 1918;
● France discussed about VAT in 1920;
● Maurice Laure, Joint Director of the France Tax Authority
was first to introduce Value Added Tax (VAT) on 10 April
1954 at manufacturing and whole sale stage;
● France introduced VAT on service sector in 1954-1963;
● In 1968 France imposed VAT on all levels [mfg., supply of
goods & service]
● VAT was introduced in Denmark & German in 1968 and
England in 1973
● VAT system exists in about 166 countries in the world.

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1. The Excise & Salt Act 1944
2. VAT was introduced in 1991
3. The Value Added Tax Act 1991 & The Value Added
Tax Rules 1991starts journey on 1 July’91
4. Back Ground of New VAT Law
5. The Value Added Tax and Supplementary Duty Act,
2012
6. The Value Added Tax and Supplementary Duty Rules,
2016
7. New VAT has been implemented from 1st July 2019

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Customs
Customs Act, 1969
VAT
1. Value Added Tax & Supplementary Duty Act, 2012
2. The Excise & Salt Act, 1944
3. Value Added Tax & Supplementary Duty Rules, 2016
Income Tax
1. Income Tax Ordinance,1984
2. Income Tax Rules,1984

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1. Any competent officer may be representative of a Company and any
Government organization along with CEO;
2. Central registration is not applicable for tobacco and tobacco
product;
3. Cancellation power of VAT registration and Turnover Tax enlistment
Certificate has been vested upon Divisional officer instead of
Commissioner;
4. AT rate for manufacturer cum importer has been reduced to 3%
from 4%;
5. Input tax credit is not applicable where supply value is less than
input cost;
6. Decreasing adjustment against VAT-6.6 shall be completed in the
related tax period or in the next tax period of payment the supply
value;

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7. Chartered Accountant Farm shall assist VAT authority;
8. Limited Company shall submit Audited Financial statement to Com;
9. Irregularity in producing and using Stamp or Banderole shall be
treated as offence;
10. Fine penalty rate has been reduced to “Equal the amount of taxes
evaded” from “Double the amount of taxes evaded”;
11. Interest rate is reduced to “monthly 1%” from “monthly 2%”;
12. Autism related service is exempted from VAT;
13. The VAT rate of non-ac restaurant has been fixed 5% instead of
7.5%
14. The VAT rate ac-restaurant is reduced to 10% from 15%;
15. Locally manufactured capital machineries and spares are exempted
from VAT.

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Declared on : 03 June, 2021
Declared by :A H M Mustafa Kamal, FCA, MP, Finance Minister
Total Expenditure Budget : Tk. 6,03,681.00 Crore [17.47% of GDP]

Total Income Budget : Tk. 3,89,000.00 Crore [11.35% of GDP]
Budget Deficit : Tk. -2,14,681.00 Crore [6.2% of GDP]

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Expenditure Budget
Non development Rev exp : Tk. 3,28,840.00 Crore [9.5% of GDP]
Development Expenditure : Tk. 2,37,078.00 Crore [6.9% of GDP]
[Annual development Program : Tk. 2,25,324.00 Crore [6.5% of GDP]
Other Expenditure : Tk. 37,763.00 Crore [1.1% of GDP]
Total Expenditure Budget : Tk. 6,03,681.00 Crore [17.5% of GDP]

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Income Budget
(i) Tax Revenue from NBR : Tk.3,30,000.00 Crore (9.55% of GDP)
(ii) Tax Revenue out of NBR : Tk. 16,000.00 Crore (0.46% of GDP)
Non Tax Revenue : Tk. 43,000.00 Crore (1.24 of GDP)
Total Income : Tk. 3,89,000.00 Crore (11.3% of GDP)

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(i) External source (including grants) : Tk. 1,01,228.00 Crore (2.9% of GDP)
(ii) Domestic source : Tk. 1,13,453.00 Crore (3.3% 0f GDP)
(ii) Internal Bank Loan : Tk. 76,452.00 Crore (2.2% of GDP)
(iii) National Savings Certificate : Tk. 32,000.00 Crore (0.93% of GDP)
(iv) Other Sectors : Tk. 5001.00 Crore (0.14% of GDP)
: Tk. -2,14,681.00 Crore (6.2% of GDP)

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Revenue Target at Import
(i) Import Duty : Tk. 37,907.00 Crore (11.49% of NBR Rev)
(ii) Import VAT : Tk. 45,679.00 Crore (13.84% of NBR Rev)
(iii) Import SD : Tk. 12,358.00 Crore (3.74% of NBR Rev)
(iv) Export Duty : Tk. 56.00 Crore (0.02% of NBR Rev)
Total Import stage : Tk. 96,000.00 Crore (29% of NBR Rev)

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Revenue Target at Local
(i) Excise Duty : Tk. 3,825.00 Crore (1.16% of NBR Rev)
(ii) VAT Local : Tk. 82,063.00 Crore (24.87% of NBR Rev)
(iii) SD Local : Tk. 42,108.00 Crore (12.76% of NBR Rev)
(iv)Turnover Tax : Tk. 4.00 Crore (0.001% of NBR Rev)
Total VAT Local : Tk. 1,28,000.00 Crore (38.79% of NBR Rev)

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Revenue Target of Income Tax
(i) Income Tax : Tk. 1,04,950.00 Crore (31.8% of NBR Rev)
(ii) Travel Tax & others : Tk. 1,050.00 Crore (0.32% of NBR Rev)
Total Income Tax : Tk. 1,06,000.00 Crore (32.12% of NBR Rev)

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NBR Revenue Target
(i) Target at Import stage Tk. 96,000.00 Crore (28.99% of NBR Rev)
(ii) Target VAT Local Tk. 1,28,000.00 Crore (39.05% of NBR Rev)
(iii) Target Income Tax Tk. 1,06,000.00 Crore (31.96% of NBR Rev)
NBR Rev Target Tk. 3,30,000.00 Crore (87.3% of TR)
NB: In NBR Revenue, the contribution of Customs & VAT wing is 67.88% of NBR
Revenue while Income tax wing is contributing 32.12%. NBR as a whole
contributes 85% to total revenue and 9.55% to GDP.
GDP Size: 34,56,040 crore taka

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Impact of Total VAT on Target
Customs Duty
11.49%
Income Tax
32.12%
VAT local & Import

56.39%
Import VAT Income Tax

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Value Added Tax (VAT), known in some countries as a Goods and Services
Tax (GST)-
● is an indirect tax charged on sale of goods and service;
● It is a tax on the purchase price;
● From the perspective of the buyer, it is a tax on the purchase price
● From that of the seller, it is a tax only on the value added to a product,
material or service;
● The value added to a product by or with a business is the sale price
charged to its customer, minus the cost of materials and other taxable
inputs

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Value Added Tax = Output Tax – Input Tax
Value Added Tax = Tax on (Output cost-
Input cost)

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 Consumption Tax
 Accounting based, Audit based & transparent
tax system
 Self Assessing and self clearing system
 No cascading effect/double taxation
 Self policing system
 Elastic & Revenue productive system
 Investment friendly system

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(a) Online based system;
(b) No price declaration;
(c) No need to maintain Account Current Register;
(d) No invoice shall be sent to Circle office;
(e) Input tax credit shall be adjusted in Return form VAT-9.1;
(f) All increasing & decreasing adjustment in Return;
(g) Return is an application form both for Refund & Drawback;

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e) Multiple VAT Rate: Along with the standard VAT rate of 15
percent, there will be reduced rates of 5 percent, 7.5 percent
and 10 percent for specific goods and services;
f) Specific tax have been fixed for some specific products and
services;
g) Trade VAT: The VAT rate has been fixed at 5 percent for
the local traders;
h) Special Scheme: At the trading stage of pharmaceutical and
petroleum products shall be 2.4 percent and 2 percent
respectively; Land developer 2%, Building developer 1-1600
square feet 2%, 1600 & square feet 4.5% & reregistration 2%.

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Schedule Contents
First Schedule List of goods & services exempted from VAT
Second Schedule Supplementary Duty imposable goods and
services
Third Schedule Reduced VAT rate and specific tax imposable
goods and services

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Schedules of Law
There are 3 (three) Schedules in VAT & SD Act, 2012
1st Schedule
Part 1 : Exempted Goods
Part 2 : Exempted Services
2nd Schedule
Table 1 : Goods subject to SD at import stage
Table 2: Goods subject to SD at supply stage
Table 3: Services subject to SD at supply stage

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Schedules of Law
There are 3 (three) Schedules in VAT & SD Act, 2012
3rd Schedule
Table 1 : VAT on goods & services @ 5%
Table 2 : VAT on goods & services @ 7.5%
Table 3 : VAT on goods & services @10%
Table 4 : VAT on goods & services-specific tax

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Schedule 1 Exempted Supplies
 First Schedule , Part – 1

 Second Schedule of Narcotics Control Act 2018
 Live animal
 Meat
 Live fish
 Natural Honey
 Vegetables
 Spices
 Wheat, Rye, Barley, Oats (Joi), Rice,

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Schedule 1 Exempted Supplies
 First Schedule , Part – 1
 Oil seeds
 Seeds and seeds of fruits
 Natural Sands
 Raw hides & skins
 Silk-worm cocoons suitable for reeling (‡ikg ¸wU cvKvevi Dc‡hvMx)
 Wool
 Animal hair
 Cotton
 Raw Jute

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Schedule 1 Exempted Services
 Schedule 1 Part-2
 Basic services of life (Cultivation, irrigation etc.)
 Services for social welfare (Medical & health

service, rehabilitation etc.)
 Services related to culture (Printing of books,
newspaper, magazine, cultural activities,
library, all sorts of museum, art gallery, zoo
etc.)
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Schedule 1 Exempted Services
 Schedule 1 Part-2
 Services related to finance (Life insurance
policy, stock and security exchange etc.)
 Personal Services (Journalism, acting, singer,
writer, performer, dance performer, translator,
driving etc.)
 Other services (All sorts of religious programs,
Charitable activities, Stevedoring activities etc.)
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Schedule 2 Rate of SD
Table 1 : Goods subject to SD at import stage:
[Fish, fruits, spices, refined coconut oil,
cigarette, granite, cement, petroleum product,
paint & varnishes, cosmetics, cigarette paper,
oven fabrics, readymade garments, footwear,
table/kitchenware, television,
freeze/refrigerator, motor car, alcohol, etc,

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Schedule 2 Rate of SD
Table 2: Goods subject to SD at supply stage: [Fruit juice, ice

cream, fast food, mineral water, cold drinks, energy drink,
cigarette, biri, jorda, gul, paints, cosmetics, polythene bag,
cigarette paper, tiles etc.]
Table 3: Services subject to SD at supply stage

[Hotel, Restaurant, SIM Card supplier, Cultural program along
with foreign performer, Services from BRTA, Chartered
Biman/Helicopter rental firm]

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Schedule 3 VAT Rate other than 15%
 Table-1
 Part-Ka-VAT imposable goods- 5% [Milk powder, spices, hand
made biscuit/cake, pickle, juice, LP gas,
tableware/kitchenware made of plastic/aluminum,
liner/medium paper, kitchen
towel/toilet/napkin/facial/pocket tissue, GP sheet/CI sheet,
GI wire, electric transformer, etc.]
 Part-Kha-VAT imposable services- 5% [Internet firm, indenting
firm, jewelry, transport contractor (pole product only),
electricity supply, English medium School, ride sharing, selling
goods online]

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 Table-2
 Part-Ka-VAT imposable goods- 7.5% [Self copy paper,
duplex board, cigarette/biri paper, simplex/packing/colored
paper etc.]
 Part-Kha-VAT imposable services- 7.5% [Non-Ac hotel
restaurant, construction firm, furniture manufacturer, furniture
shop, procurement provider, auction buyer, amusement/thim
park, seller of readymade garments]

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 Table-3
 Part-Ka-VAT imposable goods- 10% [Electric pole]
 Part-Kha-VAT imposable services- 10% [Garrage & workshop,
dockyard, printing press, auctioneer, mechanical laundry, film
studio, air-conditioned launch service, cinema hall, repair &
servicing, security service, automatic & mechanical saw mill,
game organizer, transport contractor (without pole product),
participator in board meeting, tailoring shop & tailors tec. ]

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 Table-4
 Part-Ka-VAT imposable goods-specific tax
 Newsprint Tk. 1600/MT
 Yarn Tk. 3/kg
 General Brick (without machine) Tk. 450/1000pc; General brick (with
machine) Tk. 500/1000pc; Brick (with machine) Tk. 700/1000pc
 Scrap/ship scrap Tk. 1000/MT
 MS product (made of reroll able scrap) Tk. 1200/MT; Billet & ingot (made
of melt able scrap) Tk. 1000/MT; MS product (made of billet & ingot) Tk.
1000/MT; Ingot/billet (made of dirt/melt able scrap & MS product (made
of ingot/billet) Tk. 2000/MT
 Part-Kha-VAT imposable Services
 SIM Card supply Tk. 200/pc
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 Para-(3) Some Specific rate of VAT

 Trade level VAT rate 5%
 Trade level VAT rate of medicine 2.4%
 Trade level VAT rate of petroleum product (Diesel,
Kerosene, Octane, Petrol, Furnace oil & LP Gas) 2%
 Land developer 2%
 Building Developer 1-1600 sqf 2%; 1600 & above
sqf 4.5%, reregistration 2%

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15% VAT
Anyone can pay 15% VAT instead of lower
rate or specific tax and enjoy input tax
credit benefit;

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a) Compulsory use of computer software [GO
no:16/VAT/2019 Date: 30 June, 2019];
b) Using Electronic Fiscal device (EFD) and Sales

Data Controller (SDC) [GO no:09/VAT/2019
date:13.06.2019];

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1. Residential Hotel
2. Restaurant & First Food
3. Decorators & Caterers
4. Motor garage, workshop and dockyard
5. Advertisement Firm
6. Printing & binding firm
7. Community center
8. Sweetmeat shop
9. Jewelry
10. Furniture
11. Courier & Express mail service
12. Beauty parlor

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13. Health Club & Fitness center
14. Coaching center
15. Social Club
16. Sales center of readymade garments
17. Sales center of electronic & electrical household goods
18. All service providers & trader of shopping center/shopping mall
19. Departmental store
20. General store/supper shop
21. Other large & medium trader (wholesale & retail)
22. Mechanical laundry
23. Cinema hall
24. Security service
25. Any other supplier (goods or service) selected by Board or Com.

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EFD Features
• Very easy to use

• SIM based data service
• Quick charging – 72 hours standby
• High security from hackers
• Can records online/offline transactions
• Color-coded buttons
• USB, RS232 and Ethernet ports
• Power & network availability lights

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SDC Features
• SDC or Sales Data Controller will be used

in those business entity where there is
already existing POS software
• It will work as a black box and send all
transaction data from POS to EFDMS

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১) প্রাথমিক পর্যায়ে ২৫(পঁমিশ)মি খায়ের মিক্রে িালানপত্র
সফিওেযায়রর িাধ্যয়ি অনলাইয়ন সার্যায়রর সায়থ সংর্ুক্তকরণ;
(২) করদাোয়দর িয়ধ্য স্বেচ্ছা পমরপালন (S e lf-c o m p lia n c e )
িৃমিকরণ;
(৩) প্রয়দে কর ও আহমরে কয়রর িয়ধ্য পাথযকয (T a x g a p )
হ্রাসকরণ;
(৪) র্যাি কেৃপ
য য়ের িযিসা প্রমেষ্ঠায়ন কামেক পমরদশযন কিায়না;
(৫) েচ্ছো ও জিািমদমহো প্রমেষ্ঠার িাধ্যয়ি করিান্ধি পমরয়িশ
সৃমি।

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(১) িযিসা প্রমেষ্ঠায়নর সকল আইয়িয়ির মিমজিাল ইনয়র্মি
সংরেণ;
(২) স্বর্ স্বকান সিয়ে োৎেমণকর্ায়ি পণয িা স্বসিার িজুে মহসাি
জানা র্ায়ি;
(৩) মিমক্র, প্রয়দে কয়রর পমরিাণ েেংমক্রের্ায়ি পাওো র্ায়ি;
(৪) িামলক ও কিযিারীর িয়ধ্য েচ্ছোর পমরয়িশ তেমর হয়ি;
(৫) মিমক্রর পমরিাণ ও প্রয়দে কর মিষয়ে র্যাি কেৃযপয়ের সায়থ
সম্ভািয মিেকয হ্রাস পায়ি।

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(১)র্যাি িা কর পমরয়শায়ধ্র প্রিাণ মহয়সয়ি মপ্রয়েি িালান প্রামতি;
(২) িালানপয়ত্র উমিমখে মনরাপত্তা স্বকাি (Q R C o d e ) র্ািাই
কয়র িালায়নর সেযো র্ািাইকরণ;
(৩) করদাো কেৃক য প্রদত্ত কর সরকামর স্বকাষাগায়র জিার মনশ্চেো
প্রদান;
(৪) লামক ড্র-স্বে অংশগ্রহয়ণর সুয়র্াগ;
(৫) স্বদয়শর উন্নেয়নর অংশীদার।

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(১) র্থাসিয়ে (R e a l tim e ) এ মিমক্র ও প্রয়দে কয়রর েথয
জানা র্ায়ি;
(২) েেংমক্রের্ায়ি িযিসা প্রমেষ্ঠায়নর স্বলনয়দন িমনিমরং করার
সুয়র্াগ;
(৩) রাজে িৃমি ও লেযিাত্রা পূরয়ণ সহােক;
(৪) মনেমিে রাজে সংগ্রয়হর পাশাপামশ িয়কো আদাে, মরফান্ড
প্রদান ও মনরীো
কার্যক্রি সহজ হয়ি;
(৫) স্বলনয়দয়নর েথয সংরেণ, মরয়পািয প্রণেন, মরয়পািয মিয়েষণ
এিং ো র্মিষযয়ে
স্বকান মসিান্ত গ্রহয়ণ িযিহার করা সহজ হয়ি।
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ক্রঃ নং কযািাগরী প্রমেমির িূলযিান (িাকা) সংখযা স্বিাি িূলযিান (িাকা)
১. প্রথি ১,০০,০০০ ১ ১,০০,০০০

২. মিেীে ৫০,০০০ ১ ৫০,০০০
৩. েৃেীে ২৫,০০০ ৫ ১,২৫,০০০
৪. িেুথয ১০,০০০ ৯৪ ৯,৪০,০০০
স্বিাি ১০১ মি ১২,১৫,০০০

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প্রমেষ্ঠায়নর সংখযা স্বিমশয়নর সংখযা
ক্রঃক্নং পর্যাে
EFD S DC স্বিাি EFD S DC স্বিাি
১ প্রথি ১০6 ৩ ১0 9 ১০7 ৮ ১১5
২ মিেীে ৯2 4 81 ১০0 5 ৯5 7 ১5 6 ১১1 3
৩ েৃেীে 181৩ 8৫ 1 ৮৯৮ 1 ৮9 ২ ২১৩ ২1 0 ৫
4. িেুথয ৬০ 0 ৬০ ৬০ 0 ৬০
স্বিাি 2 ৯০৩ ১৬৯ 3 0 ৭২ ৩০১৬ 37৭ 3 3 ৯৩

Excellence.
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"enlistment threshold" means the limit of Taka 50 lakh
as turnover of an economic activity of any person in a
12 (twelve)- month- period, but does not include the
following, namely-
(a) the value of an exempted supply;
(b) the value of sale of a capital asset;
(c) the value of a sale of an organization of
economic activities or any portion thereof; or
(d) the value of a supply made as a consequence of
permanently closing down an economic activity;

Excellence.
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"registration threshold" means the limit of Taka 3
(three) crore as turnover of an economic activity of any
person in a 12 (twelve)- month- period, but does not
include the following, namely-
(a) the value of an exempted supply;
(b) the value of sale of a capital asset;
(c) the value of a sale of an organization of
economic activities or any portion thereof;
(d) the value of a supply made as a consequence of
permanently closing down an economic activity;

Excellence.
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1. National Identity Card (NID)/Passport copy of owner;
2. Trade License
3. TIN (Tax Identification Number) Number
4. Bank Statement;
5. IRC (for importer)
6. ERC (for exporter);
7. Layout plan;
8. List of machinery and equipment
9. Old BIN Certificate
10. Incorporation Certificate for Limited Company

Excellence.
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1. website: VAT online services
2. Sign up
3. System generated Log in ID and password
4. The applicant shall change the password
5. Log in with new secret password of applicant
6. Fill up the application form VAT 2.1
7. Check the accuracy of the information of VAT 2.1
8. Submission of the application
9. System generated Submission ID
10. Receiving BIN form VAT 2.3 online through email
11. Showing the BIN

Excellence.
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1) Threshold is Tk. 50.00 lac [50.00lac to 3.00crore]
2) Rate of Turnover Tax 4%
3) Invoice form VAT-6.9
4) Return form VAT-9.2
5) Return Submission: Quarterly
6) No input tax credit
7) Difference with old law

Excellence.
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every person carrying on the following economic activities of—
Has to be registered for VAT, if he—
(a) imports, manufactures or supply any goods or services
subject to supplementary duty in Bangladesh;
(b) supplies any goods or service under tender, contract or
work order;
(c) engages any import-export business;
(d) relates to any economic activities of import, manufacturing

supply any goods or services specified by the Board.

Excellence.
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GO 17/VAT/2019 Date: 17 July 2019
Table 1: Goods: Milk product, starch, sewing gum,
chocolate, biscuit, noodles, china clay, medicine,
soap, pigments, foam, tire-tube, rubber product,
leather product, wooden product, pulp, paper,
packaging material, yarn, fabrics, bricks, MS product,
ceramic product, scrap, aluminum product, plastic
product, cosmetics, battery, television, freeze etc.

Excellence.
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GO 17/VAT/2019 Date: 17 July 2019
Table 2: Service: Hotel, restaurant, garage &
workshop, construction firm, warehouse, port,
advertising firm, printing press, land developing
firm, building developing firm, auctioneer,
telephone, indenting firm, sweet meat shop,
community center, cinema hall, furniture, film
distributer, beauty parlor, insurance company,
courier service, consultancy firm, lease holder, audit
& accounting firm, procurement provider, security
service, selling goods online etc.

Excellence.
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GO 17/VAT/2019 Date: 17 July 2019
Table 3: Trade: Cement, ceramic & porcelain
product, GP/CI sheet, MS product, Sanitary ware,
Aluminum fittings, air conditioner, refrigerator,
television and all electronic and electronic goods

Excellence.
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 Import
 Supply [Production, Service, Trade]

Excellence.
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Every person shall be liable to pay VAT‚ namely—
(a) taxable import: the importer;
(b) taxable supply in Bangladesh: the supplier;
(c) taxable supply of imported service: the recipient
of such supply;
(d) other cases: supplier or recipient.

Excellence.
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(i) Import Stage:
VAT able Price = Assessable Value + CD +RD & SD (if any)
AT able Price= Assessable Value +CD + RD & SD (if any)
(ii) Manufacturing (Supply) stage :

VAT able Price = Input cost + Value addition [the cost is
added to the input cost producing a product
if SD applicable:
Value for SD = Input cost + Value Addition
VAT able price = Value for SD + SD

Excellence.
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C&F price Tk. 100.00
Insurance @ 1% 1.00
CIF 101.00
Landing charge @ 1% 1.01
Assessable value 102.01
Customs Duty (CD) @ 25% 25.50
CD paid value 127.51
Regulatory Duty @ 3% 3.06
CD & RD paid value 130.57
Supplementary Duty (SD) @ 20% 26.11
SD paid value 156.68
VAT @ 15% 23.50

Excellence.
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SD paid value (VAT able value) 156.68
AT (Advance Tax) @ 3% on RM for mfg. 4.70
AT (Advance Tax) @ 5% 7.83
AIT @ 5% 5.10
Condition to avail 3% AT:
1. Importer must be manufacturer (attested copy of form VAT-2.3 to be submitted);
2. Attested copy of input-output coefficient form VAT-4.3;
3. Attested copy of industrial IRC;
4. Certificate regarding submission Return of last 12 months from VAT online system or
from Divisional officer in specific annex [পমরমশি]

Excellence.
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Suppose, input cost (including all duties and taxes)
is Tk. 100 and 15% VAT is applicable on input cost.
All expenditures [carrying, labor, salary,
administrative, overhead, interest on Bank loan,
depreciation, all duties and taxes) Tk. 30.00,
commission/charges/fees Tk. 10 and Profit is Tk.10.

Excellence.
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In this case:
Input Cost Tk. 100.00
Value Addition:
All expenditures = 30.00
Com, etc = 10.00
Profit =10.00 50.00
Output Cost/Supply value 150.00
VAT Payable = 22.50
Consideration/Fair Market Price 172.50
The mfg will pay Net VAT (22.50-15.00)=7.50

Excellence.
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Consideration of the Goods/services 172.50
VAT @ 15%
VAT 172.5x15/115=22.50
Value of supply
(base value for VAT)=172.50-22.50=150.00
So VAT @ 15% on base vale=22.50

Excellence.
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If the above goods is the RM of this company,
then input cost is Tk.150. All expenditures [carrying,
labor, salary, administrative, overhead, interest on
Bank loan, depreciation, advertisement, all duties
and taxes) Tk. 30.00, commission/charges/fees Tk.
10 and Profit is Tk. 10.

Excellence.
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In this case:
Input Cost Tk. 150.00
Value Addition:
All expenditures = 30.00
Com, etc = 10.00
Profit =10.00 50.00
Output Cost/Supply value 200.00
VAT Payable = 30.00
Consideration/Fair Market Price 230.00
The mfg will pay Net VAT (30.00-22.50)=7.50

Excellence.
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Consideration of the Goods/services 230
VAT @ 15%
VAT 230x15/115=30
Value of supply
(base value for VAT)=230-30=200
So VAT @ 15% on base vale=30

Excellence.
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VAT Paid on RM at first Tk. 15.00
1st Mfg paid Net VAT on his VA Tk. 7.50
2nd Mfg paid Net VAT on his VA Tk. 7.50
The total VAT amount Tk. 30.00
The amount of VAT has been paid by the

ultimate buyer/purchaser/user/consumer

Excellence.
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Sl no Import/supply RM Cost VA SV Net VAT
1. Import 100 15
2. 1st Mfg 100 50 172.5 (22.50-15.00)=7.5
3. 2nd mfg 150 50 230.00 (30.00-22.50)=7.5
230.00 30

Excellence.
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[a] When supply is delivered;
[b] When an invoice regarding supply of goods
is issued.
[c] When part or full payment is received.
[d] When any goods are consumed personally or
supplied for the use of any other person;
- Tax shall be payable at the time of the above
activities, whichever occurs first.

Excellence.
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The amount of net tax shall be assessed in the following
manner,
(a) by adding together all of the output taxes and
supplementary duty payable;
(b) by subtracting all of the input tax credits entitled;
(c) by adding together all of the increasing adjustments;
and
(d) by subtracting all of the decreasing adjustments
(2) The net payable tax assessed shall be paid by the
taxpayer before filing the return for such tax period.

Excellence.
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Net VAT Payable
Total Output
VAT and Total Input All Increasing All
Supplementary Tax Credit Adjustments Decreasing
Duty Payable Adjustments

www.capebd.com
1) Input-Output Coefficient (VAT-4.3)
2) Purchase Account Register (VAT-6.1),
3) Sales Account Register (VAT-6.2),
4) Purchaser & sales Account register (6.2.1),
5) Invoice (VAT-6.3),
6) Invoice for contractual manufacturer (VAT-6.4),
7) Transfer of goods of centrally registered unit (6.5),
8) Certificate for VDS (VAT-6.6),
9) Credit Note (VAT-6.7)

Excellence.
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10) Debit note (VAT-6.8),
11) Invoice for Turnover Tax (6.9),
12) Invoice for sale of TK, more than 2.00 lac (VAT-6.10),
13) Application for adjustment of SD (VAT-7.1),
14) Return for VAT (VAT-9.1),
15) Return for Turnover Tax (VAT-9.2),
16) Application for late submission of Return (VAT-9.3),
17) Application for submitting amended Return (VAT-9.4)

Excellence.
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VAT Return (VAT-9.1) shall be submitted monthly
within 15 days of next tax period,
TT Return (VAT-9.2) quarterly .

Excellence.
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Return means a return filed by a taxpayer in a tax
period for tax assessment and tax determination [Sec
2(50)]
Tax period means-
(a) In relation to VAT & SD, one month of Christian
Calendar, or
(b) In relation to turnover tax, every three months
period ending on 31 March, 30 June, 30
September or 31 December [Sec 2(30)]

Excellence.
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Negative balance is created when Input tax and all decreasing
adjustment is greater than payable tax, SD and all increasing
adjustment;
The negative balance shall be carry forward for six months;
If there is any negative balance worth above Tk. 50,000 after
six months, Refund may be claimed in Return

Excellence.
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E x a m ple : S u ppo s e in th e m o nth o f M a rc h 2 0 2 1 th e
fig ure o f R e turn is a s fo llo ws :
1. Payable VAT: Taka 1,00,000
2. Payable SD: Taka 50,000
3. Input tax Credit : Taka 3,00,000
4. Increasing adjustment: 25,000
5. Decreasing adjustment: 20,000
Payable Tax and increasing adjustment:
1,00,000+50,000+25,000=1,75,000
Input tax and decreasing adjustment: 3,00,000+20,000=
3,20,000
Negative Net amount (3,20,000-1,75,000)=(-)1,45,000

Excellence.
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E x a m p le : S u p p o s e in th e m o nth o f A p ril, 2 0 2 1 th e fig u re o f R e tu rn is
a s fo llo w s :
1. Payable VAT: Taka 2,00,000
2. Payable SD: Taka 60,000
3. Input tax Credit : Taka 2,00,000
4. Increasing adjustment: 65,000
5. Decreasing adjustment: 30,000
Payable Tax and increasing adjustment: 2,00,000+60,000+65,000=3,25,000
Input tax and decreasing adjustment: 2,00,000+30,000= 2,30,000
Net payable amount (3,25,000-2,30,000)=95,000
Negative net amount to be carry forward (-1,45,000+95,000)=(-)50,000
No deposit in treasury Challan in April 2021.

Excellence.
www.capebd.com
awi A‡±vei, 2020 gv‡m FYvZ¥K e¨v‡jÝ 5,00,000/-
1| b‡f¤î, 2020 gv‡m abvZ¥K e¨v‡jÝ 1,00,000/- UvKv|
Aewkó FYvZ¥K e¨v‡jÝ (5,00,000-1,00,000) UvKv ev 4,00,000/- UvKv|
2| wW‡m¤î, 2020 gv‡m abvZ¥K e¨‡jÝ 50,000/- UvKv|
Aewkó FYvZ¥K e¨v‡jÝ (4,00,000-50,000) UvKv ev 3,50,000/- UvKv|
3| Rvbyqvix, 2021 gv‡m FbvZ¥K e¨v‡jÝ 60,000/- UvKv| †gvU FYvZ¥K
e¨v‡jÝ
(3,50,000 + 60,000) UvKv ev = 4,10,000 UvKv|

Excellence.
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4| ‡deªæqvix, 2021 gv‡m abvZ¥K 90,000/- UvKv|
Aewkó FYvZ¥K e¨v‡jÝ (4,10,000-90,000) UvKv ev 3,20,000/-
UvKv|
5| gvP©, 2021 gv‡m FbvZ¥K 30,000/- UvKv|
‡gvU FYvZ¥K e¨v‡jÝ (3,20,000 + 30,000) UvKv ev 3,50,000/-
UvKv|
6| GwcÖj, 2021 gv‡m abvZ¥K e¨v‡jÝ 70,000/- UvKv|
Aewkó FYvZ¥K e¨v‡jÝ (3,50,000-70,000) UvKv ev 2,80,000/- UvKv
hvi g‡a¨ †diZ †hvM¨ A‡_©i cwigvY [2,80,000-(60,000+30,000)] UvKv ev
1,90,000/-UvKv| [KviY Rvbyqvix I gvP© gv‡mi FYvZ¥K e¨v‡jÝ h_vµ‡g
60,000 I 30,000 UvKv 6 (gvm) n«vmKvix mgš^q Kiv nqwb weavq Zv GLbI
†diZ‡hvM¨ bq|
Excellence.
www.capebd.com
Allowing hearing Commissioner/VAT Officers can determine the
tax in the following cases:
1. falls declaration in Return regarding payable VAT, SD,
increasing or decreasing adjustment, irregular input tax
credit;
2. falls statement in Return regarding Turnover tax;
3. fails to submit Return within the stipulated time;
4. if anybody fails to pay payable tax;
5. if Refund and Drawback is allowed to anyone who is not
entitled to get it

Excellence.
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A notice to be served within 45 working days from the date of
tax determination and the following information shall be
included in addition to the necessary information:
1. Cause of tax determination, amount of payable tax, basis of
tax determination;
2. Payment date (minimum 15 working days);
3. Place and date of filling appeal against tax determination

Excellence.
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VAT Authority and Officer: ARO-Chief Commissioner and any Officer
appointed by Board
Duties & Responsibility of VAT Authority:
1. Board shall carry out all functions including policy formulation and
discharge all the duties and exercise power of VAT authority;
2. VAT official shall perform the following duties and responsibilities
remaining under control, surveillance and supervision of Board:
a) Tax collection and accounts keeping;
b) Application of Act and Rules and administrative function;
c) Any other function or duties and responsibilities assigned to
them by Board

Excellence.
www.capebd.com
a) Officers under VAT Authority
Chief Commissioner;
Commissioner;
Commissioner (appeal);
Commissioner (LTU)
DG, CIC;
DG, AI&I directorate;

Excellence.
www.capebd.com
a) Officers under VAT Authority
DG, CEV Training Academy;
DG Duty Exemption and Drawback Office
Addl. Commissioner/ Addl. Director/Director (CIC);
Joint Commissioner/JD (CIC)/Director;
Deputy Commissioner/Deputy Director;
Asst. Commissioner/ Asst. Director;
Revenue Officer (RO);
Asst. Revenue Officer (ARO); and
Any other officer posted by the Board.

Excellence.
www.capebd.com
 b) Assistance to the VAT Authority
 Police, BGB, BCG & Ansar;
 Union parishad, Upazila parishad, Pouroshava, Zila parishad, City
corporation;
 Customs, Income tax & Narcotics dept;
 Any other Govt. officials; and
 Officials of Bank, insurance, Chartered Accountant Farm and
financial inst.
shall assist the VAT authority

Excellence.
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b) Assistance to the VAT Authority
Not below the rank of an AC may seek information regarding
 Details of Movable/ immovable property;

 Bank account information; and
 Other necessary documents.
The authorities are bound to deliver required information/

documents,

Excellence.
www.capebd.com
c) Power to enter and search by VAT officers;
d) Seizure of goods and disposal thereof;
f) Imposition of monetary penalty for non-compliances or
irregularities, tax evasion;
g) Power to summons;
h) Implementation of law and rules;
i) Adjudication;
j) Arrear collection etc.

Excellence.
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Adjudication Limit
Sl No Empowered Officer Empowerment

1. Commissioner Taka above 40 (forty) lac
2. Additional Commissioner Taka not more than 40 (forty) lac
3. Joint Commissioner Taka not more than 30 (thirty) lac
4. Deputy Commissioner Taka not more than 20 (twenty) lac
5. Assistant Commissioner Taka not more than 10 (ten) lac
6. Revenue Officer Taka not more than 4 (four) lac

Excellence.
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 To prevent tax evasion Commissioner or Director-General may
conduct audit and investigation into all affairs of a taxpayer’s
economic activities
 In order to conduct audit and investigation the Board shall frame
rules and compile and publish an Audit Manual
 An officer empowered by Com or DG shall submit report of Audit
and investigation to Com or DG
 On the basis of report, the Com or DG shall determine the tax and
interest and refer to the concerned officer to collect it
 In case of 100% export oriented industries com cannot demand any
arrear for any tax period more than 3 years before.

Excellence.
www.capebd.com
1. Com shall initiate a proceeding to recover any amount of VAT, SD,
TT, interest, fine and penalty remain payable by a defaulting taxpayer
2. Com shall appoint not below the rank of AC as Debt Recovery
Officer (DRO) who shall start proceedings for arrear tax realization
3. Arrear tax shall become payable:
a) The amount of arrear taxes is shown in Return and remains
unpaid;
b) The amount of arrear taxes is shown in the notice or
certificate of tax determination served but taxpayer fails to
pay it by the last date specified in the notice or certificate;
c) An amount of arrear tax becomes payable on the disposal of
any proceeding under this Act

Excellence.
www.capebd.com
a) Power of VAT officer under the Code of Civil Procedure;
b) Change in jurisdiction for recovery of arrear tax;
c) Disposal of money or security recovered [(i) first, to reduce
the amount of payable interest; (ii) secondly, to reduce the
amount of monetary penalty or fine; and (iii) thirdly, to reduce
the amount of VAT, supplementary duty or turnover tax; (iv) if
any amount left, shall be given back to the defaulting taxpayer
or the guarantor];

Excellence.
www.capebd.com
d) Seizure of goods, sale of such goods and disposal of the sale
proceeds thereof:
(i) first, by paying the cost of seizure, storage and sale of the goods;
(ii) secondly, by paying off the amount of money equal to the amount
of arrear taxes for the recovery of which the goods were seized;
(iii) thirdly, by paying the taxes payable under any Law repealed by
this Act; and
(iv) fourthly, by paying the balance, if any, back to the owner of the
goods

Excellence.
www.capebd.com
1. Every Taxpayer shall keep all accounts, documents and other
records in the prescribed forms for a period of 5 years;
2. The following documents shall be kept:
a) all statements and invoices regarding purchase of goods,
services or immovable property, whether taxable or exempted
from tax;
b) all statements regarding sale of goods, services or
immovable property;
c) all tax invoices, credit notes, debit notes, and withholding
certificate
d) all customs documentation relating to imports and exports

Excellence.
www.capebd.com
2. The following documents shall be kept:
e) records of sells price, input-output coefficient, discounts
f) all records related to SD
g) all treasury challans (receipts) or other payment documents;
h) all returns for every tax period and
i) any other prescribed documents or records.
j) Documents related to any unfinished proceedings have to be
preserved till disposal of the proceedings.

Excellence.
www.capebd.com
1. Offences relating to VAT registration certificate or turnover tax certificate
and tax invoice, and punishment thereof-
 Whoever dishonestly-
a) makes or uses a fake VAT registration certificate, turnover tax certificate or

withholding certificate bearing a forged of false BIN;
b) makes or uses a forged or false tax invoice, credit note, debit note, and
withholding certificate;
c) Producing, Keeping, transporting, marketing or using of fake or false or
reused stamp or banderole (anyone is involved or assist)
d) Producing, warehousing, transporting, marketing or selling any goods with
fake or false or reused stamp or banderole;
e) Using stamp or banderole is compulsory but producing, warehousing,
transporting, marketing or selling any goods without stamp or banderole;

Excellence.
www.capebd.com
f) evades payment of the payable tax otherwise;
g) claims a tax refund without being entitled to such refund
shall be punished with imprisonment for a term which may extend
to one year, or with a fine equal to the amount of tax payable, or with
both.
2. If any person provides wrong or untrue information during
application for online registration or enlistment, the necessary
measures may be taken against that person in view of the current law

Excellence.
www.capebd.com
Offence and punishment relating to false or
misleading statement or description [Sec
112]
Whoever dishonestly makes a false or misleading statement or

description in any tax document submitted to any VAT officer
shall be punished with imprisonment for a term which may
extend to 6 (six ) months, or with a fine equal to the amount
of tax payable, or with both.
Corporate Academy for Professional Excellence. www.capebd.com

Offence and punishment for obstructions
[Sec 113]
Whoever, with a mala fide intention, obstructs or attempts to

obstruct any VAT officer in discharging his duties shall be
punished with imprisonment for a term which may extend to 6
(six) months, or with a fine which may be not less than 10
(ten) thousand taka and not more than 2 (two) lakh taka, or
with both.

Appeal to Com (Appeal): Any person may appeal to Com (Appeal) against the decision taken
or order issued by any Adl Com or any VAT officer below the rank of Adl Com within 90
days from the date of issue of such decision or order;
1. At the time of filing such appeal, the appellant shall pay twenty percent of the tax
specified in the impugned order;
2. If the Com (Appeal) is satisfied that the appellant could not file the appeal within the said
90 days’ time due to obvious reasons, he may permit the appellant to file the appeal within
next 60 days of the expiry of the above period;
3. The Com (Appeal) shall dispose the appeal after giving hearing within a period of not
exceeding 1 year
Appeal to Appellate Tribunal: Any person may appeal to Appellate Tribunal against the
decision taken or order issued by any Com or any Com (Appeal) within 90 days from the
date of issue of such decision or order;
1. At the time of filing such appeal, the appellant shall pay twenty percent of the tax
specified in the impugned order;
2. The Appellate Tribunal shall dispose the appeal after giving hearing within a period of 2
years.

Excellence.
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Awbqg ev e¨_©Zv ev Ki duvwK ev cÖZviYvi †ÿ‡Î gvgjvi aiY
µ: bs gvgjvi aiY b¨vq-wbY©qbKvix/wePviK

1. Awbqg aviv 86 G ewY©Z Kg©KZ©v
2. Awbqg I ivR¯^ duvwK aviv 86 G ewY©Z Kg©KZ©v
3. AvUK I ivR¯^ duvwK aviv 86 G ewY©Z Kg©KZ©v
4. Rvj-RvwjqvwZ ev cÖZviYv ev euvav cÖ`vb cÖ_g †kÖYxi RywWwmqvj †gwR‡÷ªU ev
†g‡UªvcwjUb †gwR‡÷ªU

Avcx‡ji †ÿ‡Î A_© Rgv
µ: bs b¨vq-wbY©qbKvix Kg©KZ©v AvcxjvZ KZ©„cÿ Avcx‡ji c~‡e© cÖ‡`q

1. ivR¯^ Kg©KZ©v n‡Z AwZwi³ Kwgkbvi Kwgkbvi (Avcxj) 20%
2. Kwgkbvi, gnvcwiPvjK AvcxjvZ UªvBey¨bvj 20%
3. Kwgkbvi (Avcxj) AvcxjvZ UªvBey¨bvj k~b¨
4. AvcxjvZ UªvBey¨bvj nvB‡KvU© wefvM 10%

ADR G cÿmg~n
1. Av‡e`bKvix [Applicant]-msÿzä e¨w³

2. mnvqZvKvix [Facilitator]-RvZxq ivR¯^ †evW© KZ…©K g‡bvbxZ ga¨¯’ZvKvix
3. wefvMxq mnvqZvKvix [Departmental Facilitator]-Kwgkbvi KZ©„K g‡bvbxZ

mnvqZvKvixi †hvM¨Zv, wb‡qvM Ges ZvwjKv [wewa 101]
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1) Exemption;
2) Granting reward and efficiency incentives;
3) Imposition of interest on payable tax
4) Power to write off Government dues
5) Determination of time and method of tax payment in case of
certain goods and services
6) Online performance of functions, filing of return and
payment of tax, etc.
7) Bar to the lodgment of suits in the Court
8) Protection of activities done in good faith
9) Appointment of VAT consultant
10) correction of clerical mistakes, etc.

Excellence.
www.capebd.com
11) Certified copy of documents
12) Issuance of VAT Clearance certificate
13) Acts to be done through a private organization;
14) Power to make rules
15) Determination of uniform and allowance thereof of
the VAT Officials and employees
16) Publication of translated English text
17) repeal and savings
18) Tax accounting during transition
19) Agreements entered into after the introduction of
this Act

Excellence.
www.capebd.com
Corporate Academy for Professional Excellence

CAPE - Masterclass On VAT - Dr. Abdul Mannan Shikder Sir - Member (VAT Implementation & IT) NBR

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CAPE - Masterclass On VAT - Dr. Abdul Mannan Shikder Sir - Member (VAT Implementation & IT) NBR

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Address:#1113, Level-10, Shah Ali Plaza, Mirpur-10, Dhaka.

Corporate Academy for Professional Excellence.

Corporate Academy for Professional Excellence.

Internal Resources Division (IRD)

National Board of Revenue (NBR)

Customs wing VAT Wing Income Tax Wing

Corporate Academy for Professional Excellence.

Administration Customs VAT Income Tax

First Sec. First Sec. First Sec. First Sec.

Divisional Office Divisional Office Divisional Office

Circle Office Circle Office Circle Office Circle Office

Range 01 Range 02 Range 03 Range 04

Corporate Academy for Professional Excellence.

Corporate Academy for Professional

Corporate Academy for Professional

Corporate Academy for Professional

Corporate Academy for Professional

Corporate Academy for Professional

Corporate Academy for Professional

Corporate Academy for Professional

Corporate Academy for Professional

Corporate Academy for Professional

Total Expenditure Budget : Tk. 6,03,681.00 Crore [17.47% of GDP]

Corporate Academy for Professional

Corporate Academy for Professional

Corporate Academy for Professional

Corporate Academy for Professional

Corporate Academy for Professional

Corporate Academy for Professional

Corporate Academy for Professional

Corporate Academy for Professional

VAT local & Import

Import VAT Income Tax

Corporate Academy for Professional Excellence.

Corporate Academy for Professional Excellence.

Corporate Academy for Professional

Corporate Academy for Professional

Corporate Academy for Professional

Corporate Academy for Professional

Corporate Academy for Professional

Corporate Academy for Professional Excellence.

Corporate Academy for Professional Excellence.

 First Schedule , Part – 1

Corporate Academy for Professional Excellence.

Corporate Academy for Professional Excellence.

 Services for social welfare (Medical & health

Corporate Academy for Professional Excellence.

Table 2: Goods subject to SD at supply stage: [Fruit juice, ice

Table 3: Services subject to SD at supply stage

Corporate Academy for Professional Excellence.

Corporate Academy for Professional Excellence.

Corporate Academy for Professional Excellence.

Corporate Academy for Professional Excellence.

 Para-(3) Some Specific rate of VAT

Corporate Academy for Professional Excellence.

Corporate Academy for Professional

b) Using Electronic Fiscal device (EFD) and Sales

Corporate Academy for Professional

Corporate Academy for Professional

Corporate Academy for Professional

• Very easy to use

Corporate Academy for Professional Excellence.

• SDC or Sales Data Controller will be used