Regulatory Alerts2009-02-02
Added · Updated
BRPD Circular Letter No. 02: Price fixation of chargeable VAT in case of value received at reduced rate than the fixed service charges against service provided by banks
All scheduled banks in Bangladesh must ensure compliance with the National Board of Revenue's instruction regarding the price fixation of chargeable VAT when the value received is at a reduced rate compared to fixed service charges. This directive, based on the National Board of Revenue's file dated December 15, 2008, applies to all branches of the banks. The instruction came into force with immediate effect upon the issuance of the circular.
website: www.bangladesh-bank.org www.bangladeshbank.org.bd
Banking Regulation and Policy Department Bangladesh Bank Head Office Dhaka February 02, 2009 BRPD Circular Letter No.- 02 Date ------------------------ Magh 20, 1415 Chief Executives All Scheduled Banks in Bangladesh Dear Sir, Price fixation of chargeable VAT in case of value received at reduced rate than the fixed service charges against service provided by banks File No. 8(8) Mushak Ni: O Ba:/99(Angsha-1)/326 (1) dated December 15, 2008 of National Board of Revenue is enclosed here-with for your information and necessary action. This instruction shall come into force with immediate effect and you are requested to ensure its compliance by all of your branches. Please acknowledge receipt. Yours sincerely, sd/- (Abu Hena Mohd. Razee Hassan) General Manager Phone: 7117825
More like this from BB
BB published 33 documents in the last 30 days. We email you each new one the day it's published.