- Bangladeshi National Board of Revenue issued General Order No. 1/Musak/2024 on Nov. 5
- Order includes measures to exempt VAT on imports of specified goods
- Measures include exempting VAT on imports of capital equipment between warehouse licensees
- Order also clarifies conditions for taxpayers to claim VAT exemption at local trader level
- Order takes effect on the same date as issued
Source: news.bloombergtax.com
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.
