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VAT online system inaugurated

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Published: 15:24, 23 March 2017   Update: 15:18, 26 July 2020
VAT online system inaugurated

Economic Correspondent: Online Value Added Tax system was officially inaugurated today.

Finance Minister Abul Maal Abdul Muhith inaugurated the new VAT system at a programme in the capital's Sher-e-Bangla on Thursday evening.

Commerce Minister Tofail Ahmed, State Minister for Finance and Planning MA Mannan, National Board of Revenue (NBR) Chairman Md Nazibur Rahman, FBCCI first vice president Shafiul Islam Mohiuddin and others attended the programme.

Finance Minister said that through the new VAT system, the country stepped ahead on the way of digital Bangladesh.

From now, we will pay our tax staying at home, he added.

It is worth mentioning that the present VAT law is administered almost entirely manually. The new online VAT system is officially known as the Integrated VAT Administration System (IVAS).

Anyone can get VAT service calling at 16555.


risingbd/Dhaka/Mar 23, 2017/MA Rahman/Nasim

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