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VAT on biscuits, cakes reduced to 7.5%

BSS
Published On: 20 Feb 2025, 18:24 Updated On:20 Feb 2025, 18:37

DHAKA, Feb 20, 2025 (BSS) – The value-added tax (VAT) on biscuits and cakes has been reduced by half as it has been lowered from 15% to 7.5% following demands from processed food manufacturers, according to an order.

The order will be applicable to biscuits made by machines, on hand-made biscuits priced over Taka 200 per kg and on cakes priced over Taka 300 per kg.
 

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