Bangladesh, Sept. 27 -- The export-oriented sectors will get full exemption from payment of value-added tax (VAT) on utility services like gas, water and electricity bills only for the units manufacturing exportables.
The facility will not be valid for other purposes like offices and administrative buildings of exporters, said a guideline of the revenue board on Thursday.
It will be valid for the wholly export-oriented sectors, deemed exporters and industries located inside the export processing zones (EPZs).
The National Board of Revenue (NBR) issued the guideline on the offer for exporters.
It was a long-cherished demand of the exporters to exempt them from payment of VAT on utility bills.
Earlier, the rate of VAT exemption was 80 pe...