Value Added Tax (VAT)

Taxguide Bangladesh provides online support and A to Z solution for all VAT related matters. Whether in need of quality representation before the Appellate Division of the Supreme Court of Bangladesh or simply looking for some assistance for regular VAT query, Taxguide Bangladesh delivers it all.

VAT Accounting

We conduct VAT accounting and monitor documentation handling on behalf of our clients. Maintaining an appropriate account of your VAT payment is of enormous importance since it is often seen that most of the irregularities and litigations arise out of VAT audits that are carried out by different authorities. Advice and preparation of query replies, official documentation handling and support for obtaining clearances and approval orders from certain authorities is also managed by us.

VAT Appeals

We have vast experiences in representing clients before VAT Tribunals, the Hon’ble High Court Division and Appellate Division of the Supreme Court of Bangladesh and have achieved unmatched success in appeals against penalties and various liability orders imposed by Customs and VAT Authorities. Our aim is to try to reach agreement with the authorities before a Hearing takes place but this may not always be possible. Clients who have benefitted from our advice, have saved substantial amounts of VAT.

Appeals can take several months. Our understanding of Tribunal procedures means that we can look after your appeal whilst you continue to look after your business.

VAT Planning& Strategy

Planning ahead of ventures/ projects will ensure identification and avoidance of VAT pitfalls, along with establishing VAT efficient methods. It is always easier to identify potential problems from VAT perspective before a project commences so that appropriate measures can be taken to overcome any VAT issues.

After completion of the planning and laying out strategies, we review contractual arrangements and other project documentations to ensure that it complies with the VAT legislation and rules and block VAT exposures.

VAT Investigations 

It is stressful and perilous to be investigated by the National Board of Revenue for an allegation of false VAT returns or import declarations. National Board of Revenue adhere strict measures and prosecutes businesses and individuals who fraudulently or negligently evade VAT or other duties. We provide intensive back up and assistance during such period of emergency with the aim to resolve the matters efficiently.

Early Neutral Evaluation (ENE) 

We serve accurate Early Neutral Evaluation of cases at the pre-litigation stage based on the merits of your case. Right from the trial courts till the high echelon of the justice system, clients are ensured of the best representation in all courts of law in Bangladesh where necessary. Based on this evaluation, we take on case assignments with fees agreed at the outset with absolute assurance of providing relief.