DHAKA, March 3, 2025 (BSS) - The National Board of Revenue (NBR) has exempted 
value added tax (VAT) on several essentials to keep commodity prices stable 
during the holy month of Ramadan.

To this end, the revenue authority today issued an order.

According to the order, VAT exemptions will remain on rapeseed oil, colza 
seed oil and canola oil at the production stage until June 30. However, VAT 
will also be exempt on mustard oil at the production stage, with no specific 
deadline mentioned in the order.

Additionally, VAT has been exempted at the business stage for domestically 
produced items, including biscuits, salt, flour, semolina, ground chili, 
coriander, turmeric, ginger, rice bran oil, sunflower oil, rapeseed oil, 
colza seed oil, canola oil and pulses or pulse-based food grains.

Under specific conditions, VAT is also being waived for LPG and natural gas 
at the business stage.

However, those who import and sell directly to consumers will not be eligible 
for the VAT exemption.

To avail of the VAT exemption on these products, certain conditions must be 
met. These include VAT registration, issuance of invoices, maintenance of all 
types of registers and submission of monthly VAT returns.