Tax

VAT rates to taxable import or taxable supply for the financial year 2019-20

August 27, 2019
VAT Rates

What are the VAT rates for the financial year 2019-20?

VAT rates have been mentioned in section 15 Imposition of VAT under Value Added Tax and Supplementary Duty Act 2012. In this section, the rates of VAT to taxable import or taxable supply shall be 15%.

Besides the above standard VAT rate, the government may determine reduced VAT rate or specific amount of tax for public interest.

The reduced VAT rate which also called truncated VAT rate or specific amount of tax in relation to any goods or services are specified in the THIRD SHCEDULE of the Value Added Tax and Supplementary Duty Act 2012.

So the third schedule is very important for the accounts people in their day to day corporate life because they have to deduct VAT at source during the time of payment. But, the list of goods or services are long and difficult to remember for the accounts people.

You may print the schedule and carry it in your bag or fix it in front of your desk. But, it may not be possible to carry hard copy all the time.

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Now, in technology time, list in online is the easiest way to check the rates anytime from anywhere if you have net connection in your PC or smartphone.

Don’t worry!

I have accumulated all the rates of VAT for the financial year 2019-20. Hope, it will be very helpful for your daily corporate life.

Like VAT rates, I have also Supplementary Duty (SD) rates and TDS rates for the financial year 2019-20 in this blog. You may also visit the blog whenever you require TDS rates with section references.

The rates of VAT in accordance with third schedule, are divided into four table and each table has two parts. Part A consists VAT imposable goods and part B consists VAT imposable service.

In table 1, imposable goods and services mentioned for which rates of VAT are applicable at 5%, table 2 at 7.5% and table 3 at 10%.

Table 4 mentioned the imposable goods and services for which specific amount of tax are applicable.

At the end of the table four, there are several rates of VAT and specific amount of tax in paragraph 3. Please see the below paragraph.

The rates of VAT and the specific amount of tax may changes time to time as circulated by the National Board of Revenue through SRO which are not included here. If any rates of VAT or specific amount differ with this blog then please see the NBR website for the updated rates.

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Please rotate your screen of smartphone for easily readable view of the below table.

Table-1

Part A: VAT Imposable Goods

Heading No.

H. S. Code

Description of Goods

Rate of VAT %

(1)

(2)

(3)

(4)

04.02

Concerned H.S. Code

Power milk manufacturing from liquid milk

5%

09.04

09.09

09.10

Concerned H.S. Code

Crushed pepper, coriander, ginger, curcuma or ,mixed of these spices

5%

15.14

Concerned H.S. Code

Rapeseed oil, colza seed oil, canola oil and mustard oil

5%

19.05

Concerned H.S. Code

Machine prepared biscuit

5%

19.05

Concerned H.S. Code

Hand-made biscuit (above equivalent per kg Taka 150.00)

5%

19.05

Concerned H.S. Code

Hand-made cake (above equivalent per kg Taka 150.00)

5%

20.01

Concerned H.S. Code

Pickle( Battled and Packed)

5%

20.01

Concerned H.S. Code

Sauces/chutney

5%

20.02

Concerned H.S. Code

Tomato Paste /Tomato ketchup/Tomato sauces ( Battled and Packed)

5%

20.08

Concerned H.S. Code

Mango, pineapple, guava and Banana Pulp, tamarind paste

5%

20.08

Concerned H.S. Code

Mango bar

5%

20.09

Concerned H.S. Code

Mango juice

5%

20.09

Concerned H.S. Code

Pineapple juice

5%

20.09

Concerned H.S. Code

Guava juice

5%

20.09

Concerned H.S. Code

Tamarind juice

5%

27.01

Concerned H.S. Code

Cold generating form BoroPukuriria cold mine

5%

27.10

Concerned H.S. Code

Burn/unusable transformer oil (In the case of reprocessed )

5%

27.10

Concerned H.S. Code

Lubricating oil /Rubber processing oil

5%

27.11

Concerned H.S. Code

LPG gas

5%

27.13

Concerned H.S. Code

Bulk imported petroleum bitumen

5%

39.20

Concerned H.S. Code

Supplied laminating driving license to BRTA

5%

39.24

Concerned H.S. Code

Table ware, kitchen ware, other household articles, hygienic and such any goods including toilet articles, of plastics ( except Tiffin box water battle)

5%

From

44.03

to

 44.09

Concerned H.S. Code

(1) CCB/CCA Treatment, Cryojot treatment, sejand and CCA treatment(self-wood/with other supplied wood)

(2) diffusion treatment, seasent treatment, seasent and Diffusion, seasoning(self-wood/with other supplied wood)

5%

48.02

Concerned H.S. Code

Produced by all paper mills-

(A) Cream laid /white writing paper

(1) From above 50/55gm/ m2

(2) form above 35/40gm/m2

(B) White rolled paper from 55 to 59.99 gm/m2

(c) White printing paper

(1) 60gm/m2 or above

(2) 55gm/ m2 to 59.99gm/ m2

(3) 50gm/ m2 to 54.99gm/ m2

(4) 45gm/ m2 49.99gm / m2

(5) 35gm / m2 to 44.99gm/ m2

5%

48.04

Concerned H.S. Code

(a) liner paper

(b)white liner paper

(c) craft liner paper

5%

48.05

Concerned H.S. Code

Medium paper

5%

48.18

Concerned H.S. Code

(1) Kitchen towel (24-26 GSM)

(2) Toilet Tissue (18-24 GSM)

(3) Napkin Tissue ( 20-24 GSM)

(4) facial tissue / pocket tissue ( 12-16 GSM)

5%

48.20

Concerned H.S. Code

Exercise book/spiral notes book/Khata ( from 45 to above GSM)

5%

52.02 to 52.07

Concerned H.S. Code

(a) cotton yarn waste, which is known as hard waste and which is not used for fabric making

5%

52.08 to 52.12

Concerned H.S. Code

Waste gray denim

5%

54.02 to 44.10 and  45.12 to 45.16

Concerned H.S. Code

(a) man-made fiber and making yarn with mixed other fiber, in which have exorbitance man-made fiber

(b) making fabrics with man made fibre, all type , except under mentioned cases/ areas, namely;

1) reap of fibre and waste price ( not more than 1 metre long)

2) making fabrics with man made fibre which except waving or sowing factory but manufactured by other factory

(1) free supplied fabrics as sample to BSTI( below three metres)

Taps and Braids

5%

68.02

Concerned H.S. Code

Solid stone

5%

72.02

Concerned H.S. Code

(a) ferro-manganese and ferro-silico-manganese alloy

(b) ferrow- silico alloy

5%

72.09

Concerned H.S. Code

HR coil to CR coil

5%

72.10

72.12

Concerned H.S. Code

CR coil to GP sheet

CR coil to GP sheet/coil(colored)

CR coil to CI sheet

CR coil to CI sheet ( colored)

HR coil to GP Sheet

HR coil to GP sheet/ coil(colored)

HR coil to CI Sheet

HR coil to CI sheet ( colored )

5%

72.17

Concerned H.S. Code

GI ware

5%

73.17

Concerned H.S. Code

Nails

Top nails

5%

73.18

74.15

76.16

Concerned H.S. Code

(a) various size and types of screw, galvanized/non galvanized/ zing cutting/ nickel cutting / other metal cutting / except cutting

(b) joint( connector), nut, bolt, various size and types of galvanized/ non galvanized/ zing cutting / nickel cutting / other metal cutting / except cutting

(c)  Electric line  hardware and poll fittings, which is made by  MS and steel ( Except nut bolt)

5%

76.15

Concerned H.S. Code

Aluminium and kitchen articles made by aluminium or  other household articles, sanitary ware and parts there of

5%

82.12

Concerned H.S.code

Baldes made from stainless steel, blades made from carbone steel strips

5%

84.08

Concerned H.S.code

Diesel engines manufactured by Bangladesh Diesel Plant Ltd, Joydebpur, Gazipur-

(a) 1 cylinder 210 diesel engine

(b) 2 cylinders 912 diesel engine

(c)  3 cylinder diesel engine

5%

85.04

Concerned H.S.code

a)     5 KVA electrical transformer

b)     10 KVA electrical transformer

c)      11 Kilovolt potential electrical transformer ( KAV standard-200 VA)

d)     11 kilovolt electrical transformer( KAV standard- 50 VA)

e)     15 KVA electrical transformer

f)       20 KVA electrical transformer

g)     25 KVA electrical transformer

h)     33 kilovolt potential electrical transformer (KAV standard-400 VA)

i)       33 kilovolt current transformer (KAV standard-50 VA)

j)       37.5 KVA electrical transformer

k)     50 KVA electrical transformer

l)       75 KVA electrical transformer

m)  100 KVA electrical transformer

n)     200 KVA electrical transformer

o)     250 KVA electrical transformer

p)     300 KVA electrical transformer

q)     315 KVA electrical transformer

r)      400 KVA electrical transformer

s)      500 KVA electrical transformer

t)       630 KVA electrical transformer

u)     700 KVA electrical transformer

v)     800 KVA electrical transformer

w)    1000 KVA electrical transformer

x)     1200 KVA electrical transformer

y)      1500 KVA electrical transformer

z)      2000 KVA electrical transformer

5%

85.39

85.39.31.10

a)     From 1 to 10 watt electric energy saving bulb

b)     From 11 to 20 watt electric energy saving bulb

c)       From 21 to 30 watt electric energy saving bulb

d)     From 31 to 50 watt electric energy saving bulb

e)     Above 50 watt electric energy saving bulb

5%

85.39

Concerned H.S.code

Tube light

18 watt and 36 watt

5%

85.42

39.20

Concerned H.S.code

(A) manufactured by Bangladesh Machine Tools Factory Ltd, Gazipur, at stage manufacturing;

1)      Retro-Reflecting vehicle number plate, vehicle Type (I) and (II)

2)     Retro-Reflecting vehicle number plate, vehicle Type (III)

3)     Vehicle Ownership Card

5%

Supplied by Bangladesh Road Transport Authority( BRTA) to Consumer:

1)      Retro-Reflecting vehicle number plate, vehicle Type (I) and (II)

2)     Retro-Reflecting vehicle number plate, vehicle Type (III)

3)     Vehicle Ownership Card

87.02

Concerned H.S.code

a)     Bus (52 seated capacity- General)

b)     Bus (52 seated capacity- chair deluxe)

c)      Bus (40 seated capacity- General)

d)     Bus (40 seated capacity- chair deluxe)

e)     Bus (36/40 seated capacity- Luxury/ Super luxury type)

f)       Bus (36 seated capacity- Air conditioned)

g)     Mini Bus (30 seated capacity- General)

h)     Mini Bus (24/30 seated capacity- Deluxe type)

5%

87.04

Concerned H.S.code

a)     Truck (Carrying Capacity 7 Tons)

b)     Truck Van (Carrying Capacity 7 Tons)

c)      Truck (Carrying Capacity 5 Tons)

d)     Truck Van (Carrying Capacity 5 Tons)

e)     Truck (Carrying Capacity 3 Tons)

f)       Truck Van (Carrying Capacity 3 Tons

g)     Truck Van/Pic)-up (Whether Passenger bus or not carrying capacity 1 to 1.5 Tons)

5%

89.01

To 89.07

Concerned H.S.code

(1)   Landing Craft:

a)     Landing Craft Vehicle and Personal (LCVP)

b)     Landing Craft Utility (LCU)

c)      Landing Craft Tang (LCT)

d)     Landing Ship Tank (LST)

e)     Landing Craft Logistics (LCL)

f)       Landing Ship Logistics (LSL)

g)     Landing Craft Personal

(2)  Landing Platform Helicopter (LPH)

(3)  Patrol Boat/Gun Boat/Costal Patrol Boat

(4)  First Attack Craft (Missile Boat, Torpedo Boat, Fac G)

(5)  OPD/Covate/Large Patrol Craft (LPC)

(6)  Patrol Boat/ Harbor Patrol boat/Inland Patrol Vessel

(7)  Pilot Boat/Pilot Lunch/Security Boat

(8)  Survey Vessel

(9)  Tag

(10)       Mooring Boat

(11)House Boat/ Water Boat (Without Engine)

(12)       Dresser

(13)       Floating Crane/ Buoy Lifting Vessel/ Salvage Vessel/ Search and Rescue Vessel

(14)       Life Boat

(15)       Garbage Disposal Vessel

(16)       Pontoon

(17)       Fire Fighting Ship

(18)       Hospital Ship (Not Self-moving)

(19)       Fishing Trawler Boat

(20)      Wooden Boat/ GRP Boat/ Speed Boat/ Ferry/ Driving Boat/ motor Lunch/ Survey Boat/ Inland Solar Craft/ Buoy/ Moring Buoy/ Crane Boat/ Aluminium Survey Boat

5%

89.01 to 89.07

Concerned H.S. Code

Goods carrying Mechanical river boat Passenger Mechanical river boat

Boat other Mechanical river boat (Goods/ Passenger Carrier)

5%

90.03

90.03.11.00

90.03.19.00

Optical Plastic Frame

Optical Metal Frame (With spring or not)

5%

90.04

Concerned H.S. Code

Sun Class (Plastic Frame)

Sun Class (Metal Frame)

5%

90.04

90.04,90,00

Reading Class (Plastic Frame)

Reading Class (Metal Frame)

5%

90.04

Concerned H.S. Code

Mattress made by coconut coir

5%

 

Part B: VAT Imposable Service

Heading No.

H. S. Code

Description of Goods

Rate of VAT %

(1)

(2)

(3)

(4)

S012

S012.14

Internet Establishment

5%

S014

S014.00

Indenting Establishment

5%

S024

S024.20

Furniture selling show room

5%

S026

S026.00

Gold smith and Platinum smith and shop of Gold and Platinum and Gold artisan

5%

S036

S036.20

Air-conditioned lunch

5%

S048

S048.00

Transport Contractor (Petroleum Goods)

5%

S057

S057.00

Electric Distributor/ Supplier

5%

S069

S069.00

English Medium School

5%

S080

S080.00

Ride Sharing

5%

S099

S099.10

Information Technology Enable Service (ITES)

5%

S099

S099.60

Online sale of goods

5%

 

Table-2

Part A: VAT Imposable Service

Heading No.

H. S. Code

Description of Goods

Rate of VAT %

(1)

(2)

(3)

(4)

48.09

Concerned

H. S. Code

Self-copy paper

7.5%

48.10

Concerned

H. S. Code

Duplex Board/ Coated paper

7.5%

48.13

Concerned

H. S. Code

Cigarette/ Biri paper 26±2 gm/m2

7.5%

48.23

Concerned

H. S. Code

Simplex Paper

Packing Paper

Colored paper

7.5%

  

Part B: VAT Imposable Service

Heading No.

H. S. Code

Description of Goods

Rate of VAT %

(1)

(2)

(3)

(4)

S001

S001.20

Non-Ac Hotel and Restaurant

7.5%

S004

S004.00

Construction Establishment

7.5%

S024

S024.10

Furniture Producer

7.5%

S037

S037.00

Procurement Provider

7.5%

S060

S060.00

Buyer of Auctioning goods

7.5%

S064

S064.10

Amusement park and theme park

7.5%

S078

S078.00

(a) Own Branded Garments/ Apparel seller

(b) Other than own Branded Garments/ Apparel seller

7.5%

  

Table-3

Part A: VAT Imposable Service

Heading No.

H. S. Code

Description of Goods

Rate of VAT %

(1)

(2)

(3)

(4)

68.10

Concerned

H.S. Code

Electric Pole

10%

73.08

Concerned

H.S. Code

Electric Pole (made by Steel Plate)

10%

Part B: VAT Imposable Service

Heading No.

H. S. Code

Description of Goods

Rate of VAT %

(1)

(2)

(3)

(4)

S003

S003.10

Motor Car Garage and Workshop

10%

S003

S003.20

Dockyard

10%

S008

S008.10

Printing press

10%

S009

S009.00

Auctioneer Establishment

10%

S013

S013.00

Mechanical Laundry

10%

S018

S018.00

Film studio

10%

S023

S023.10

Cinema Displayer (In Hall)

10%

S023

S023.20

Cinema Distributor

10%

S031

S031.00

Repairing and Servicing

10%

S040

S040.00

Security Service

10%

S042

S042.00

Automatic or Mechanical Sawmill

10%

S047

S047.00

Games Organizer

10%

S048

S048.00

Transport Contractor (Except Petroleum Goods)

10%

S053

S053.00

Attendee of Board Meeting

10%

S063

S063.00

Tailoring Shop and Tailors

10%

S065

S065.00

Building, Floor and premises cleaning or maintenance Establishment

10%

S066

S066.00

Lottery’s Ticket Seller

10%

S076

S076.00

Social and Games related Club

10%

 

Table-4

Part A: VAT Imposable Service

Heading No.

H. S. Code

Description of Goods

Rate of VAT %

(1)

(2)

(3)

(4)

48.01

Concerned

H.S. Code

Newsprint

Taka 1600.00 (Per Metric Ton)

52.05

to 52.07

All H.S. Code

Cotton

Taka 4.0 Per KG

69.04

Concerned

H.S. Code

a) General made Brick except Machine (Non-Refractory Building Bricks), Except facing bricks

Taka 450.00 (per thousand)

b) General Bricks produce by Mechanical process or Machine ( Non-Refractory Building Bricks), Except facing bricks

Taka 500.00 (per thousand)

c) Bricks produce by Mechanical process or Machine:

First Grade-

(1) Three-hole salient Bricks

(2) Ten-hole salient Bricks

(3) Seventeen-hole salient Bricks

(4) Multi cored Bricks

Taka 700.00 (per thousand)

Second Grade:

(1) Three-hole salient Bricks

(2) Ten-hole salient Bricks

(3) Seventeen-hole salient Bricks

Taka 700.00 (per thousand)

(d) Bricks cheeps

Taka 700.00 (per 100cft)

f) Mecad batts

Taka 500.00 (per 100cft)

72.04

All

H.S. Code

Scrap/Ship scrap

Taka 1000 (per Metric Ton)

From

72.13 to

72.16

Concerned

H.S. Code

M.S. Product:

(a) M.S goods which is produced by imported/ local collected re-rollable scrap

Taka 1200.00 (per Metric Ton)

(b) All types of Ballet and Ingot which is produced by imported/ local collected meltable scrape

Taka 1000.00 (per Metric Ton)

(c) M.S goods which is produced from Ballet and Ingot

Taka 1000.00 (per Metric Ton)

(d) M.S goods which is produced from Ballet and Ingot and dirt/mutable scrape

Taka 2000.00 (per Metric Ton)

  

Part B: VAT Imposable Service

Heading No.

H. S. Code

Description of Goods

Rate of VAT %

(1)

(2)

(3)

(4)

S012

S012.20

SIM Card Supplier

Taka 200 (per sim card)

 

  1. Against the goods mentioned in column (3) under the Heading No. and their harmonized System Code respectively of the first schedule of the Custom Act, 1969 (Act No IV of 1969) mentioned in column (1) and (2) of ‘Part-A’ of Table-1, Table-2 and Table-3 and against the services mentioned column (3) under Heading No and their service code mentioned in column (1) and (2) of ‘Part-B’ of those Tables, Value Added Tax shall be imposed in the case of local supply only, in the rate mentioned in column (4).
  2. Against the goods mentioned in column (3) under the Heading No. and their harmonized System Code respectively of the first schedule of the Custom Act, 1969 (IV of 1969) mentioned in column (1) and (2) of ‘Part-A’ of Table-4, and against the services mentioned in  column (3) under Heading and the service code mentioned in column (1) and (2) of ‘Part-B’ of the said Tables, Value Added Tax shall be imposed in the case of local supply only, in the rate mentioned in column (4).
  3. Notwithstanding anything mentioned in paragraph (1), the rate of VAT shall be 5 per cent in the case of supply of all goods at local trading stage. But in the cases of medicine and petroleum products, the rates of VAT shall be 2.4 per cent and 2 per cent respectively at local trading stage. Beyond those, the rates of VAT shall be 3 per cent in the case of land developer and in the case of real estate organization engaged in building sale and transfer, the rate of VAT shall be 2 per cent for 1-1600 square feet, 4.5 per cent in the case of 1601 square feet and above size and 2 per cent for re-registration of any size respectively.

Trader means such a person who in exchange of consideration sells to any other person or otherwise transfers the goods imported, purchased, acquired or collected otherwise without any change in shape, nature, characteristics or quality.

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