NAME -Mir Mohammad Asir Uddin

ID-172011134

Section-3

Assignment- Tax administration of Bangladesh (NBR)

 Introduction

Taxation one of the most important sources of public revenues in order to meet a country's
budget and growth expenses in order to meet such economic and social targets, such as wealth
allocation, wage stability and negative demand discouragement. It adds up to other public
financing outlets, such as the issuance, charge for public goods and services and borrowing of
monetary notes and coins. Bangladesh’s National Revenue Board (NBR) is the apex of tax
collection and tax management authorities. NBR was established in 1972 and is charged with
formulating and re-examining tax policies and taxation law, negotiating tax treaties with foreign
governments, and engaging in inter-ministerial discussions on fiscal and tax policy effects. In
Bangladesh, NBR is the revenue and tax law regulator. For the Government of Bangladesh, NBR
receives almost 97 percent of tax revenue and almost 85 percent of total revenue.

Organization

It was established by the father of the nation Bangabandhu Sheik Mujibur Rahman 1972 and
subsequently amended the composition of the NBR by Act No 12 of 2009. It is under the Internal
Resources Division (IRD) of the Ministry of Finance (MoF). The NBR consists of one president
and eight representatives 4 primary and 4 indirect. The Ex-officio Member of the Board shall be
the secretary of the Internal Resources branch. In accordance with the NBR are 45
departments/directorates, 25 of which are direct tax and 20 are indirect tax based. The tax
structure in the country consists of both direct (income tax, gift tax, land development tax, non-
judicial stamp, registration, immovable property tax, etc.) and indirect (customs duty, excise
duty, motor vehicle tax, narcotics and liquor duty, VAT, SD, foreign travel tax, TT, electricity
duty, advertisement tax, etc.) taxes.
 Function of NBR

The main responsibility of NBR is to collect tax revenues (primarily, Value Added Tax, Customs
Duty, Excise Duty and Income Tax). The main nine power and function for NBR are

 To give approval of gratuity fund in accordance with provisions of Part C of the First
Schedule.
 To give approval of superannuation fund or pension fund in accordance with the
provisions of Part A of the First Schedule.
 Power to declare any unincorporated foreign association or body to be a company by a
general of the special order for the purpose of ITO, 1984.
 Power to declare any such determined as income year in the case of any person.
 Power to appoint as man’ CCT, DGIs, Commissioners, Commissioners (Appeals), JCT,
DCT, TRO, ACT and other executive or ministerial officers and staffs as it may think fit.
 Top delegate power of certain authorities by notification in the official gazette.
 To determine the function of the DG of Inspection, the Commissioners, the Appellate
JCT, the Commissioner, the Inspecting Joint Commissioner and to determine the
jurisdiction of income tax authorities.
 Power of issue orders, directions, instructions from time to time for discharging the
functions of all offers and other persons engaged in the performance of any functions
under ITO.
 To authorize any person for assisting, guiding and instructing the Deputy Commissioner
of Taxes in the course of any proceedings under this ordinance.

Administration or organogram of NBR

The administration of NBR had one chairman under the chairman there are three broad admin
Member Board Admin, Director(R & S) Law Officers FS (Board Admin), Director General, CIC
9 Member (Customs & VAT Admin), Member (Customs Export Bond & IT), Member (Customs
Policy), Member (Customs Audit & Intelligence), Member (VAT Policy), Member (VAT
Enforcement & IT), Member(VAT Audit & Intelligence), Member(Tax Admin & Human
Resource Management) Member(Tax Information Management & Sheba), Member(Audit
Intelligence & Investigation), REELLE Member(Tax Legal & Enforcement), Member
(International Taxes), Member(Tax Policy), Member(Tax Appeal Exemption), Member(Tax
Survey & Inspection) and System Manager.

Wings or divisions of NBR

The National Board of Revenue (NBR) is the apex authority for tax administration in
Bangladesh. It works with three tax-type wings namely, Customs Wing, VAT Wing and Income
Tax Wing. There are two more wings named IT wing and Research & Statistics wing under
NBR. There are 3-divisions under the Ministry of Finance (MOF) and Secretary leads each
division.

 The Chairman of NBR (National Board of Revenue) is working under Internal

Resource Division (IRD).

 NBR is the apex body of the Tax Administration.

It consists of two parts:

(1) Customs & VAT

(2) Income Tax.

Both are under the same authority. There are 4-members under NBR.
  Under the NBR, a Commissioner of Taxes is the head of the department and he is in
charge of a taxes Zone. There are 8-Zones in Bangladesh.

E presence and website

The website of National Revenue Board (NBR) is well updated, it has provided every
information and latest updates related to vat and tax. The also have information of history of
National Revenue Board and also updated with current broad members. With help of the website,
we can know the tax rules of our country, it has eservice option which had epaymet, etin, vat
calculator, travel tax, apply for vat, agent apply for vat advisor and also, we can learn about vat
and tax. It also has the option to fill new form for vat and tax.

Conclusions

Tax is the most important to control both economy and inflection in the government's hand. It
also helps to push money into the economy, develop certain economic sources and control
certain other business activities. No government can operate it without receiving tax as a source
of revenues and perform administrative work. Thus, the government taxes the enterprise and the
enterprises. On the other hand, government can use its fiscal policy to intensify protection for
infants and certain basic industries. Despite the government's efforts to maximize tax revenue
through various methods, the rate of tax revenue to GDP is very low.