From now on, VAT will not be deducted from the customer at the time of payment just by writing the price of the product. The price of the product and VAT must be written in the list beforehand. So that the customer understands the total amount he has to pay after taking of the meal. At the same time, sales outlets like EFD should be printed in the sales center. An order in this regard has been issued by the VAT Division of the National Board of Revenue (NBR).
An order signed by NBR First Secretary (VAT Policy) Kazi Farid Uddin on October 4 said that from now on, sales invoices like EFD should be printed and no other invoice such as so-called settlement or draft invoice can be issued without similar invoices.
At the same time, this matter will be added to the 6th clause (c) of paragraph 2 of the order issued on 23 June 2019. The subject matter is details of the goods or services supplied, quantity, unit price (including VAT and supplementary duty where applicable), total value (including VAT and supplementary duty where applicable) and all values in terms of rate and quantity of VAT or supplementary duty where applicable It will be displayed in Bangladeshi Taka. At present, VAT is levied at 10 per cent on AC restaurants or fast food meals and at 7.5 per cent on non-AC restaurants. Clothing in the showroom of the brand has to pay 7.5 percent VAT.