- NBR cancels VAT hike for auto workshops
- Decision to hike VAT on auto workshops and motorbike repairing garages by 5% to 15% cancelled
- Previous 10% VAT rate will be reinstated
- Government retreated from decision to hike VATs on 100 products and services
- Concerns about hikes stoking inflation led to cancellations and reductions in VAT hikes for various items
Source: daily-sun.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.
Latest Posts in "Bangladesh"
- Government Suspends VAT Payer Awards for Second Year Amid Policy Review and Austerity Measures
- Dhaka Metro Seeks 10-Year VAT Exemption Extension to Keep Fares Affordable for Commuters
- NBR Delay on 15% VAT Decision Puts Construction Contractors’ Payments and Projects at Risk
- NBR Launches Online VAT Refund System for Faster, Direct Bank Transfers to Taxpayers
- NBR Launches Online VAT Refund System to Boost Efficiency and Transparency for Taxpayers
