VAT & SD Act 2012
Section 2 Clause 62 - Deemed Export
(as updated till Finance Ordinance 2025)
“deemed export” includes one or more of the following supplies, namely:–
(a) supply of any 1[goods or service] in prescribed method destined for consumption outside Bangladesh against foreign exchange;
(b) supply of any goods or service within Bangladesh, against foreign exchange, 2[in prescribed method,] through any international tender; or
(c) supply of any goods or service within Bangladesh, against foreign exchange, 3[in prescribed method,] against local letter of credit;
1 The words “ingredients of goods or service” were substituted by section 54(8) of the Finance Act, 2020 (Act No. 09 of 2020) with effect from 1 July 2020.
2 The words “in prescribed method” were Inserted by section 53(15)(a) of the Finance Act, 2019 (Act No. 10 of 2019 with effect from 01 July 2019.
3 The words “in prescribed method” were Inserted by section 53(15)(b) of the Finance Act, 2019 (Act No. 10 of 2019) with effect from 01 July 2019.
Disclaimer: This is the authentic English text of The Value Added Tax and Supplementary Duty Act 2012, as published under SRO No. 440-Law/2025/326-Mushak dated 05 November 2025. In the event of any inconsistency or conflict between the content on this website and the official Government publications or gazette notifications relating to laws, rules, regulations or SROs, the official Government publications and notifications shall prevail.