BANGLADESH-NBR

Bangladesh NBR VAT 15% + EFD POS since 2020.

Definition

Bangladesh NBR VAT framework: Value Added Tax and Supplementary Duty Act 2012 effective July 2019 (after multiple delays), VAT 15% standard, truncated 5% (transport, etc.), 7.5% (motor garage), 10% (hotel, AC restaurant). EFD (Electronic Fiscal Device): NBR-certified POS hardware connected real-time to NBR EFD server, phased obligation for 25 retailer sectors (jewelers, hotels, restaurants, gold, etc.). ESDC (Electronic Sales Data Controller): software-based alternative for modern ERPs. Monthly VAT Return Form 9.1 submission via NBR Online VAT Portal (https://vat.gov.bd/). NBR comprises 4 wings: Customs Wing, Income Tax Wing, VAT Wing, Research & Statistics Wing.

Origin

Bangladesh NBR Act 76/1972 foundation ; VAT Act 1991 VAT 15% introduction ; new VAT and SD Act 2012 effective July 2019 ; EFD framework launched 2020 ; retailer deployment 2020-2024.

Example in context

Aarong (Bangladesh BRAC retail handicrafts) integrates EFD POS in its ~25 Dhaka stores: real-time NBR transmission, VAT 15% applied on sales, monthly VAT Return Form 9.1 via NBR Online Portal.

Related terms

• Pakistan FBR — South Asia neighbour.