Tax Incentives and Investment Conditions
3.6 Value added tax (VAT) (2/2)
Goods and services subject to lower VAT rates and trade VAT rates will not be eligible for input
VAT credit.
However, they can choose to exercise standard VAT rate of 15% and claim input VAT credit against
their purchase.
VAT on specific goods and services procurement can be taken as credit
VAT cannot be taken as credit for the following cases:
KPMG
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Rent and expenditures for construction
and maintenance of building,
Infrastructure,
■ Office equipment and fixtures,
Immovable properties
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Entertainment expenses,
Transportation services.
© 2023 Rahman Rahman Huq and KPMG Advisory Services Limited are entities registered in Bangladesh, and member firms of the KPMG global organisation of independent member
firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. Printed in Bangladesh.
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