¹[ (1) Each of the following persons shall become eligible for VAT registration from the first day of any month, namely:-

(a) a person whose turnover exceeds registration threshold within a 12 (twelve)-month period closing at the end of the month preceding that month; or

(b) a person whose estimated turnover exceeds registration threshold within the succeeding 12 (twelve)-month period beginning at the beginning of the preceding month.

²[ (2) Notwithstanding anything contained in sub-section (1), every person conducting following economic activities shall be VAT registered irrespective of turnover, if he-

(a) supplies, manufactures or imports goods or services subject to supplementary duty in Bangladesh;

(b) supplies goods or service or both by participating in any tender or against any agreement or work order;

(c) is engaged in any import-export business;

(d) establishes a branch office or liaison office or project office of any foreign organization;

(e) is appointed as VAT Agent;

(f) is engaged in the economic activity relating to the supply, manufacture or import of any specific goods or service or in any specific geographical area prescribed by the Board. ] ]