- MRT passengers may see nominal VAT from next fiscal year
- Revenue board sees MRT as potential avenue for VAT collection
- MRT passengers will need to pay 15% VAT on ticket prices after exemption expires
- NBR may impose nominal rate below 10% if lawmakers consent
- Currently, VAT is imposed on AC buses, trains, launches, and ride-sharing services
- Government likely to collect Tk 61.65 million in tax revenue from MRT ticket fares
- NBR expressed inability to allow further exemption on MRT tickets
- DMTCL requested extension of exemption period
- On average, 0.3 million passengers use MRT route
- MRT has earned Tk 62 million in revenue from 1.08 million passengers within three months of inauguration.
Source: today.thefinancialexpress.com.bd
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
