Dhaka: 9:00 AM, Sun, 18 Aug, 2019

VAT cut for 3 internet services

A K Azad : risingbd.com
Publish on: 2019-01-18 6:44:39 PM     ||     Updated: 2019-01-19 9:07:39 AM

Economic Correspondent: The National Board of Revenue (NBR) has reduced value-added tax (VAT) for three internet services to ensure undisrupted internet service for all.

The services are: International Terrestrial Cable (ITC), International Internet Gateway (IIG) and Nationwide Telecommunication Transmission Network (NTTN).

According to NBR sources, it waived VAT in excess of 5 percent on the ITC, IIG and NTTN. A notification issued in this regard on January 15.

risingbd/Dhaka/January 18, 2019/M A Rahman/AKA