2021-02-04

Added

BRPD Circular Letter No. 10: Submission of VAT on Registration and Renewal Fee of Certificates issued by office of the Chief Controller of Import and Export in a single Invoice Code

The document instructs all scheduled banks in Bangladesh to ensure that VAT on registration and renewal fees for certificates issued by the Office of the Chief Controller of Import and Export is deposited using a single invoice code: 1/1133/0003/0311. This directive addresses issues arising from businesses mistakenly depositing VAT under incorrect regional codes and mandates compliance to resolve administrative discrepancies.

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Banking Regulation and Policy Department Bangladesh Bank Head Office Dhaka.

Date: ------------------- 21 Magh 1427 04 February 2021

BRPD Circular Letter No. 10

Managing Director / Chief Executive All Scheduled Banks Operating in Bangladesh.

Dear Sir,

Regarding the submission of VAT payable against the registration fee and renewal fee of the Office of the Chief Controller of Import and Export in a single invoice code determined by the National Board of Revenue.

With reference to the notification No. 26.03.0000.22.001.21.48 (copy enclosed) dated 20 January 2021 issued by the Office of the Chief Controller of Import and Export, Ministry of Commerce, you are advised to ensure proper compliance with the instructions mentioned in the said letter.

Yours faithfully,

(Md. Nazrul Islam) General Manager Phone: 9530252

Enclosure: As per description.


Government of the People's Republic of Bangladesh Ministry of Commerce Office of the Chief Controller of Import and Export Branch-4 National Sports Council Building, Label-15, 62/3, Purana Paltan, Dhaka-1000. www.ccie.gov.bd

Number: 26.03.0000.22.001.21.48 Date: 6 Magh 1427 20 January 2021

Notification

This is to inform all concerned that currently, Value Added Tax (VAT) collectible against various types of certificate registration and renewal fees from all regional offices under the Office of the Chief Controller of Import and Export is being deposited by businessmen into the specific VAT code of the regional office. However, businessmen sometimes mistakenly deposit VAT under the wrong code instead of the correct code, submitting it under the code of another office, which is causing various problems. To resolve this emerging problem, upon request to the National Board of Revenue to determine a single invoice code for the entire country for the collection of VAT on fees/charges related to import and export registration and renewal, the National Board of Revenue has determined the invoice code: 1/1133/0003/0311.

  1. In light of the above, it is hereby directed to deposit all VAT payable against the registration fee and renewal fee of the Office of Import and Export under the aforementioned code (Code: 1/1133/0003/0311).

20-1-2021 Md. Aulad Hossain Controller (Officiating) Phone: 02-41050226 Email: controller.ho@ccie.gov.bd

Number: 26.03.0000.22.001.21.48/1(470) Date: 6 Magh 1427 20 January 2021

Copies are sent for information and necessary action (where applicable) to:

  1. Executive Chairman, Bangladesh Investment Development Authority, Agargaon, Dhaka.
  2. Governor, Bangladesh Bank, Motijheel, Dhaka-1000.
  3. Secretary, Ministry of Commerce, Bangladesh Secretariat, Dhaka.

  1. Divisional Commissioner (All)
  2. Managing Director, Sonali Bank Limited, Head Office, 35-42, 44, Motijheel B/A, Dhaka-1000 (requesting to issue necessary instructions to all branches).
  3. District Commissioner (All)
  4. President, FBCCI, Federation Bhaban, 60, Motijheel, Dhaka (requesting to inform all chambers/trade associations).
  5. Personal Secretary to the Honorable Minister, Ministry of Commerce, Bangladesh Secretariat, Dhaka (for the kind information of the Honorable Minister).
  6. Head of Office, All Regional Offices of the Office of Import and Export.
  7. Upazila Nirbahi Officer (All)
  8. Mr. Md. Zahidul Alam Chowdhury, Executive Officer, Office of the Chief Controller of Import and Export (requesting publication on the website).
  9. Personal Assistant to the Chief Controller, Office of the Chief Controller of Import and Export (for the kind information of the Chief Controller).
  10. Master File, Branch-4, Office of the Controller of Import and Export.

20-1-2021 Md. Aulad Hossain Controller (Officiating)