Input tax credit under value-added tax system: Few unexplained issues

Dhaka, Jan. 11 -- Value-added Tax (VAT) is the most widely used indirect tax system in the world. Under the system, input tax credit is admissible against output tax. This input credit system makes VA... Read More

I-O Coefficient under VAT: Few implementation issues

Dhaka, Dec. 9 -- Input Output Coefficient shows Value Added Tax (VAT) officials the quantity of raw materials needed (wastage included) for production of each unit of a product. There are provisions f... Read More