Bangladesh changes VAT rates on certain goods

Wed 25th Jun 2014

This year’s Bangladesh budget has raised the Value Added Tax rates on a range of goods, including:

  • VAT on restaurants is to be increased from 6% to 7.5%
  • VAT on some language, motor and port services is to be raised from 6% to 7.5%
  • There is to me a cut in VAT on basic cooking oils from 15% to 10%.

The above changes come in addition to Bangladeshi VAT Compliance changes also announced in the budget

Click for free VAT info