VAT Act 2012 English
VAT Act 2012 English - Table of contents
| Chapter | Part | Section | Title of the section |
|---|---|---|---|
| ONE – PRELIMINARY | 1 | Short title and commencement | |
| ONE – PRELIMINARY | 2 | Definitions | |
| ONE – PRELIMINARY | 3 | The Act to prevail | |
| TWO – VAT REGISTRATION AND TURNOVER TAX ENLISHMENT | 4 | Persons required to be registered for VAT | |
| TWO – VAT REGISTRATION AND TURNOVER TAX ENLISHMENT | 5 | Registration | |
| TWO – VAT REGISTRATION AND TURNOVER TAX ENLISHMENT | 6 | Procedure of VAT registration | |
| TWO – VAT REGISTRATION AND TURNOVER TAX ENLISHMENT | 7 | Publication and preservation of a list of registered persons | |
| TWO – VAT REGISTRATION AND TURNOVER TAX ENLISHMENT | 8 | Voluntary VAT registration | |
| TWO – VAT REGISTRATION AND TURNOVER TAX ENLISHMENT | 9 | Cancellation of VAT registration | |
| TWO – VAT REGISTRATION AND TURNOVER TAX ENLISHMENT | 10 | Persons required to be enlisted and their enlistment | |
| TWO – VAT REGISTRATION AND TURNOVER TAX ENLISHMENT | 11 | Cancellation of enlistment | |
| TWO – VAT REGISTRATION AND TURNOVER TAX ENLISHMENT | 12 | Registration or enlistment,[***] suo moto, of persons required to be registered or enlisted | |
| TWO – VAT REGISTRATION AND TURNOVER TAX ENLISHMENT | 13 | Responsibility of a registered or enlisted person to display certificates | |
| TWO – VAT REGISTRATION AND TURNOVER TAX ENLISHMENT | 14 | Responsibility of a registered or enlisted person to keep informed of changes in information | |
| THREE – IMPOSITION OF VAT | 15 | Imposition of VAT | |
| THREE – IMPOSITION OF VAT | 16 | Persons liable to pay value added tax | |
| THREE – IMPOSITION OF VAT | 17 | Supplies made within Bangladesh | |
| THREE – IMPOSITION OF VAT | 18 | Registered Supplier and registered recipient | |
| THREE – IMPOSITION OF VAT | 19 | VAT Agent of non-residents | |
| THREE – IMPOSITION OF VAT | 20 | Imported services reverse charged to recipient | |
| THREE – IMPOSITION OF VAT | 21 | Zero-rated supplies | |
| THREE – IMPOSITION OF VAT | 22 | Land outside Bangladesh | |
| THREE – IMPOSITION OF VAT | 23 | Supply of goods for export | |
| THREE – IMPOSITION OF VAT | 24 | Supply of zero- rated services | |
| THREE – IMPOSITION OF VAT | 25 | Travel Agent and tour operators | |
| THREE – IMPOSITION OF VAT | 26 | Exempted supplies, or exempted imports | |
| FOUR – MANNER OF VAT COLLECTION | Part A – On imports | 27 | Manner of VAT collection in case of taxable imports |
| FOUR – MANNER OF VAT COLLECTION | Part A – On imports | 28 | Determination of vat-imposable base value in case of taxable imports |
| FOUR – MANNER OF VAT COLLECTION | Part A – On imports | 29 | Determination of value of re-imported goods |
| FOUR – MANNER OF VAT COLLECTION | Part A – On imports | 30 | Imports for exports |
| FOUR – MANNER OF VAT COLLECTION | Part A – On imports | 31 | Payment of advance tax at the time of import and its adjustment |
| FOUR – MANNER OF VAT COLLECTION | Part B – On General Supplies | 32 | Determination of value of taxable supply |
| FOUR – MANNER OF VAT COLLECTION | Part B – On General Supplies | 32A | Explanation by the Board |
| FOUR – MANNER OF VAT COLLECTION | Part B – On General Supplies | 33 | Time of payment of VAT on taxable supply |
| FOUR – MANNER OF VAT COLLECTION | Part B – On General Supplies | 34 | Progressive or periodic supplies |
| FOUR – MANNER OF VAT COLLECTION | Part B – On General Supplies | 35 | Supply multiple types of goods and services through single challan |
| FOUR – MANNER OF VAT COLLECTION | Part C – On Special Supplies | 36 | Sale of an establishment as a going concern |
| FOUR – MANNER OF VAT COLLECTION | Part C – On Special Supplies | 37 | Rights, options, and vouchers |
| FOUR – MANNER OF VAT COLLECTION | Part C – On Special Supplies | 38 | Supply of prepaid telecommunications products or services |
| FOUR – MANNER OF VAT COLLECTION | Part C – On Special Supplies | 39 | Lotteries, lucky draws, housie, raffles, and similar undertakings |
| FOUR – MANNER OF VAT COLLECTION | Part C – On Special Supplies | 40 | Value of in-kind benefits, given to an employee or officer, provided through goods instead of cash money |
| FOUR – MANNER OF VAT COLLECTION | Part C – On Special Supplies | 41 | Lay-by sales |
| FOUR – MANNER OF VAT COLLECTION | Part C – On Special Supplies | 42 | Cancelled transactions |
| FOUR – MANNER OF VAT COLLECTION | Part C – On Special Supplies | 43 | Sale of property to pay off a debt |
| FOUR – MANNER OF VAT COLLECTION | Part C – On Special Supplies | 44 | Vending machines |
| FIVE – ASSESSMENT OF NET PAYABLE TAX BY THE TAXPAYER AND PAYMENT THEREOF | 45 | Manner of assessing net payable tax on supplies and payment thereof | |
| FIVE – ASSESSMENT OF NET PAYABLE TAX BY THE TAXPAYER AND PAYMENT THEREOF | 46 | Input tax credit | |
| FIVE – ASSESSMENT OF NET PAYABLE TAX BY THE TAXPAYER AND PAYMENT THEREOF | 47 | Partial input tax credit | |
| FIVE – ASSESSMENT OF NET PAYABLE TAX BY THE TAXPAYER AND PAYMENT THEREOF | 48 | Adjustments | |
| FIVE – ASSESSMENT OF NET PAYABLE TAX BY THE TAXPAYER AND PAYMENT THEREOF | 49 | Tax withheld at source and increasing adjustment by withholding entity | |
| FIVE – ASSESSMENT OF NET PAYABLE TAX BY THE TAXPAYER AND PAYMENT THEREOF | 50 | Decreasing adjustment by the supplier after the tax withheld at source | |
| SIX – TAX INVOICES AND OTHER DOCUMENT | 51 | Tax invoices | |
| SIX – TAX INVOICES AND OTHER DOCUMENT | 52 | Credit notes and debit notes | |
| SIX – TAX INVOICES AND OTHER DOCUMENT | 53 | Tax withholding certificate | |
| SIX – TAX INVOICES AND OTHER DOCUMENT | 54 | Other provisions relating to tax documents | |
| SEVEN – IMPOSITION AND COLLECTION OF SUPPLEMENTARY DUTY | 55 | Imposition of supplementary duty | |
| SEVEN – IMPOSITION AND COLLECTION OF SUPPLEMENTARY DUTY | 56 | Persons liable to pay supplementary duty | |
| SEVEN – IMPOSITION AND COLLECTION OF SUPPLEMENTARY DUTY | 57 | The value for imposition of supplementary duty | |
| SEVEN – IMPOSITION AND COLLECTION OF SUPPLEMENTARY DUTY | 58 | Special schemes for tobacco and alcoholic goods | |
| SEVEN – IMPOSITION AND COLLECTION OF SUPPLEMENTARY DUTY | 59 | Collection of supplementary duty on imports | |
| SEVEN – IMPOSITION AND COLLECTION OF SUPPLEMENTARY DUTY | 60 | Collection of supplementary duty on supplies | |
| SEVEN – IMPOSITION AND COLLECTION OF SUPPLEMENTARY DUTY | 61 | Presumed supply of goods subject to supplementary duty | |
| SEVEN – IMPOSITION AND COLLECTION OF SUPPLEMENTARY DUTY | 62 | Decreasing adjustments for supplementary duty | |
| EIGHT – IMPOSITION AND COLLECTION OF TURNOVER TAX | 63 | Imposition and collection of turnover tax | |
| EIGHT – FILING OF RETURN AND AMMENDMENTS THERETO | 64 | Filing of return | |
| NINE – FILING OF RETURN AND AMMENDMENTS THERETO | 65 | Late filing of return | |
| NINE – FILING OF RETURN AND AMMENDMENTS THERETO | 66 | Amendments to return | |
| NINE – FILING OF RETURN AND AMMENDMENTS THERETO | 67 | Filing of complete, additional, or alternative returns | |
| TEN – CARRY FORWARD OF NEGATIVE NET AMOUNT AND REFUNDS | 68 | Carry forward and refund of negative net amount | |
| TEN – CARRY FORWARD OF NEGATIVE NET AMOUNT AND REFUNDS | 69 | Refunds without carry forward of net negative amounts of money | |
| TEN – CARRY FORWARD OF NEGATIVE NET AMOUNT AND REFUNDS | 70 | Application of the refunded money | |
| TEN – CARRY FORWARD OF NEGATIVE NET AMOUNT AND REFUNDS | 71 | Refund of taxes paid by diplomats and other international organisations | |
| TEN – CARRY FORWARD OF NEGATIVE NET AMOUNT AND REFUNDS | 72 | Refund or adjustment of taxes paid in excess | |
| ELEVEN – [***] TAX DETERMINATION | 73 | Tax determination | |
| ELEVEN – [***] TAX DETERMINATION | 74 | False declaration by the recipient of a supply | |
| ELEVEN – [***] TAX DETERMINATION | 75 | False statement by supplier | |
| ELEVEN – [***] TAX DETERMINATION | 76 | Grant of tax benefit or its negation | |
| ELEVEN – [***] TAX DETERMINATION | 77 | Admissibility of tax determination notice | |
| TWELEVE – VALUE ADDED TAX AUTHORITY | 78 | Value Added Tax Authority and officers thereof | |
| TWELEVE – VALUE ADDED TAX AUTHORITY | 79 | Duties and responsibilities of the VAT Authority | |
| TWELEVE – VALUE ADDED TAX AUTHORITY | 80 | Power of the Board to amend or alter an order or decision of a VAT officer | |
| TWELEVE – VALUE ADDED TAX AUTHORITY | 81 | Delegation of Power | |
| TWELEVE – VALUE ADDED TAX AUTHORITY | 82 | Assistance to VAT officers | |
| TWELEVE – VALUE ADDED TAX AUTHORITY | 83 | Power to enter and search by VAT officers | |
| TWELEVE – VALUE ADDED TAX AUTHORITY | 84 | Seizure of goods and disposal thereof | |
| TWELEVE – VALUE ADDED TAX AUTHORITY | 85 | Imposition of monetary penalty for [ non-compliance, irregularities or tax evasion ] | |
| TWELEVE – VALUE ADDED TAX AUTHORITY | 86 | Monetary limits of the VAT officers in initiating a proceeding for adjudication | |
| TWELEVE – VALUE ADDED TAX AUTHORITY | 87 | Power to summons | |
| TWELEVE – VALUE ADDED TAX AUTHORITY | 88 | Duties and powers of the Customs Officers | |
| TWELEVE – VALUE ADDED TAX AUTHORITY | 89 | Confidentiality | |
| TWELEVE – VALUE ADDED TAX AUTHORITY | 89A | Application of other laws in case of Value Added Tax Act | |
| THIRTEEN – AUDIT AND INVESTIGATION | 90 | Audit and investigation of a taxpayer’s economic activities | |
| THIRTEEN – AUDIT AND INVESTIGATION | 90A | Filing of annual audited financial statements | |
| THIRTEEN – AUDIT AND INVESTIGATION | 91 | Powers of the VAT officers | |
| THIRTEEN – AUDIT AND INVESTIGATION | 92 | Supervised supply, observation and surveillance | |
| THIRTEEN – AUDIT AND INVESTIGATION | 93 | Multiple departmental audits | |
| THIRTEEN – AUDIT AND INVESTIGATION | 94 | Special audit | |
| FOURTEEN – RECOVERY OF ARREAR TAX | 95 | Recovery of arrear tax | |
| FOURTEEN – RECOVERY OF ARREAR TAX | 96 | Power of VAT officer under the Code of Civil Procedure | |
| FOURTEEN – RECOVERY OF ARREAR TAX | 97 | Change in jurisdiction for recovery of arrear tax | |
| FOURTEEN – RECOVERY OF ARREAR TAX | 98 | Disposal of money or security recovered | |
| FOURTEEN – RECOVERY OF ARREAR TAX | 99 | Government lien on the immovable property of the defaulting taxpayer and attachment thereof | |
| FOURTEEN – RECOVERY OF ARREAR TAX | 100 | Seizure of goods, sale of such goods and disposal of the sale proceeds thereof | |
| FOURTEEN – RECOVERY OF ARREAR TAX | 101 | Liabilities and obligations of the representative | |
| FOURTEEN – RECOVERY OF ARREAR TAX | 102 | Responsibilities of receivers | |
| FOURTEEN – RECOVERY OF ARREAR TAX | 103 | Liability of directors or entrepreneurs of any company or association of persons or of property development joint venture | |
| FOURTEEN – RECOVERY OF ARREAR TAX | 104 | Continuity of partnerships or unincorporated associations | |
| FOURTEEN – RECOVERY OF ARREAR TAX | 105 | Death or insolvency of a taxpayer | |
| FOURTEEN – RECOVERY OF ARREAR TAX | 106 | Payment of arrear tax by installments | |
| FIFTEEN – MAINTENANCE OF FORMS, NOTICES, AND RECORDS | 107 | Keeping of records and accounts | |
| FIFTEEN – MAINTENANCE OF FORMS, NOTICES, AND RECORDS | 108 | Authentication of forms, notices and documents | |
| FIFTEEN – MAINTENANCE OF FORMS, NOTICES, AND RECORDS | 109 | Service of notices | |
| FIFTEEN – MAINTENANCE OF FORMS, NOTICES, AND RECORDS | 110 | Authenticity of documents | |
| SIXTEEN – OFFENCE, TRIAL AND PUNISHMENT | 111 | Offences relating to VAT registration certificate or turnover tax certificate and tax invoice, and punishment thereof | |
| SIXTEEN – OFFENCE, TRIAL AND PUNISHMENT | 112 | Offence and punishment relating to false or misleading statement or description | |
| SIXTEEN – OFFENCE, TRIAL AND PUNISHMENT | 113 | Offence and punishment for obstructions | |
| SIXTEEN – OFFENCE, TRIAL AND PUNISHMENT | 114 | Investigation, trial and appeal of the offence | |
| SIXTEEN – OFFENCE, TRIAL AND PUNISHMENT | 115 | Additional Power of the Judicial Magistrate or the Metropolitan Magistrate | |
| SIXTEEN – OFFENCE, TRIAL AND PUNISHMENT | 116 | Offence committed by any company, association of persons or property development joint venture | |
| SIXTEEN – OFFENCE, TRIAL AND PUNISHMENT | 117 | Abettor of offence | |
| SIXTEEN – OFFENCE, TRIAL AND PUNISHMENT | 118 | Prior approval before filing a case | |
| SIXTEEN – OFFENCE, TRIAL AND PUNISHMENT | 119 | Compoundability of the offences | |
| SIXTEEN – OFFENCE, TRIAL AND PUNISHMENT | 120 | Fine additional to the tax payable | |
| SEVENTEEN – APPEALS AND REVISIONS | 121 | Appeal to Commissioner (Appeal) | |
| SEVENTEEN – APPEALS AND REVISIONS | 122 | Appeal to Appellate Tribunal | |
| SEVENTEEN – APPEALS AND REVISIONS | 123 | Burden of proof in a proceeding | |
| SEVENTEEN – APPEALS AND REVISIONS | 124 | Appeal to the High Court Division | |
| SEVENTEEN – APPEALS AND REVISIONS | 125 | Alternative dispute resolution | |
| EIGHTEEN – MISCELLANEOUS | 126 | Exemption | |
| EIGHTEEN – MISCELLANEOUS | 126A | Giving rewards and performance incentives | |
| EIGHTEEN – MISCELLANEOUS | 127 | Imposition of interest on payable tax | |
| EIGHTEEN – MISCELLANEOUS | 127A | Power to write off government dues | |
| EIGHTEEN – MISCELLANEOUS | 127B | Determination time and manner of payment of tax in case of certain goods or services | |
| EIGHTEEN – MISCELLANEOUS | 128 | Online performance of functions, filing of return and payment of tax, etc | |
| EIGHTEEN – MISCELLANEOUS | 129 | Bar to the lodgement of suits in the Court | |
| EIGHTEEN – MISCELLANEOUS | 129A | Protection of acts done in good faith | |
| EIGHTEEN – MISCELLANEOUS | 130 | Appointment of VAT Consultant | |
| EIGHTEEN – MISCELLANEOUS | 131 | Correction of clerical mistakes, etc | |
| EIGHTEEN – MISCELLANEOUS | 132 | Certified copy of documents | |
| EIGHTEEN – MISCELLANEOUS | 133 | Issuance of VAT clearance certificate | |
| EIGHTEEN – MISCELLANEOUS | 134 | Acts to be done through a private organisation | |
| EIGHTEEN – MISCELLANEOUS | 135 | Power to make rules | |
| EIGHTEEN – MISCELLANEOUS | 135A | Determination of uniform and allowances of VAT officers and employees | |
| EIGHTEEN – MISCELLANEOUS | 136 | Publication of translated English text | |
| EIGHTEEN – MISCELLANEOUS | 137 | Repeal and savings | |
| EIGHTEEN – MISCELLANEOUS | 138 | Tax accounting during transition | |
| EIGHTEEN – MISCELLANEOUS | 139 | Agreements entered into after the introduction of this Act |
Note: Section-wise English version will be available soon.
VAT Act 2012 English:
Note: In the event of a conflict between the information on this website and the original Government publications or notifications of laws, rules, regulations, and SROs, the Government publications or notifications shall prevail. Moreover, as per Section 136(2) of the VAT & SD Act 2012 and Section 345(2) of the Income Tax Act 2023, if there is a conflict between the English and Bengali texts, the Bengali text shall prevail.