In Bangladesh, the standard VAT rate is 15%, which applies to most goods and services. However, there are exceptions and reduced rates for specific items:

  • Exemptions: Essential goods like rice, wheat, pulses, and services such as healthcare and education are VAT-exempt.
  • Reduced Rates:
  • Pharmaceuticals: 5%
  • Jute Industry: 4%
  • Textile and Garment Sector: 7.5%

These VAT rates are designed to maintain affordability and support key industries in the country.

Visit official government website here for details.

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