7.5% addl VAT on LP gas production exempted

BSS
Published On: 13 Jan 2025, 22:31 Updated On:13 Jan 2025, 22:49

DHAKA, Jan 13, 2025 (BSS)- The government has exempted 7.5 percent additional value added tax (VAT) at the production stage of LP gas.

The National Board of Revenue (NBR) issued a special order in this regard today.

It said that at present LP Gas is being used as fuel for cooking, transport and industries.

Now insufficient supply of natural gas by gas distribution companies, the demand for LP Gas has been increasing in various the industries including garment factories.

It mentioned that in a bid to make the production and use of LP gas easily available and affordable, the NBR has exempted 7.5 percent additional VAT at the production stage.

This order came effective from January 9, 2025, the NBR said.  

 

  • Latest
  • Most Viewed
UN lauds Bangladesh’s steps on enforced disappearances
National Consensus Commission's second round dialogue resumes tomorrow
Tarique Rahman stands by Ctg drone maker Ashir Uddin 
China urges Iran, Israel to 'immediately' take steps to cool tensions
Tahmid joined victory procession leaving his meal, but never returned
Biman introduces special worker fare on four more routes
July Uprising: Zobayer was vocal against dictatorship of Hasina
US envoy says Tel Aviv embassy building damaged by Iran strike
Bangladesh face off SL in 1st Test for a good start in new WTC cycle
British envoy calls on BNP secretary general
১০