Do you need VAT rates chart FY 2023-24 in Bangladesh with H. S. Code?
It is important to know Value Added Tax (VAT) rates FY 2023-24 to deduct or collect VAT at source during making the payment to the supplier. I have compiled full THIRD SCHEDULE of the Value Added Tax and Supplementary Duty Act 2012 for you in this article.
You will be happy to know that I have published a book “Utse Kor Korton 2023” in Bangla and “Tax Deduction 2023” in English according to Income Tax Act 2023 and Withholding Tax Rules 2023. You can buy any book you prefer to read in Bangla or English because the content of the books are the same. Both the books are bestselling in Rokomari.
Like VAT rates chart FY 2023-24, I have also published TDS rates chart FY 2023-24, SD Rates chart FY 2023-24 and VAT exempted goods and services FY 2023-24 in this blog for you.
However, the VAT rates in accordance with third schedule of VAT and SD Act 2012, are divided into four tables 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 VAT rates 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 4, there are several rates of VAT and specific amount of tax in paragraph 3. Please see the below paragraph.
The VAT rates chart FY 2023-24 and the specific amount of tax may change time to time as circulated by the National Board of Revenue through SRO which are not included here. If any VAT rate or specific amount differ with this blog then please see the NBR separate SRO for the updated rates.
Please rotate your screen of smartphone for easily readable view of the below table. You may download free PDF copy of this full VAT rates chart FY 2023-24 and carry it in your bag or fix it in front of your desk.
Table-1
Part A: VAT Imposable Goods
| Heading No. | H. S. Code | Description of Goods | VAT Rate |
| 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% |
| 11.05 | 1105.20.00 | Potato flecks | 5% |
| 11.08 | 1108.12.00 | Maize (Corn) Starch | 5% |
| 15.14 | Concerned H.S. Code | Rapeseed oil, colza seed oil and canola 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 | Cake (above equivalent per kg Taka 250.00) | 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 Boro Pukuria 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% |
| 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) Toilet Tissue (18-24 GSM) (2) Napkin Tissue (20-24 GSM) (3) facial tissue / pocket tissue (12-16 GSM) (4) Hand towel/paper towel/clinical bed sheet | 5% |
| 48.20 | Concerned H.S. Code | Exercise book/spiral notes book/Khata (from 45 to above GSM) | 5% |
| 48.22 | Concerned H.S. Code | Paper cone | 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 54.10 and 55.12 to 55.16 | Concerned H.S. Code | Fabrics by man-made fiber | 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% |
| 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 | 5 KVA electrical transformer 10 KVA electrical transformer11 Kilovolt potential electrical transformer (KAV standard-200 VA)11 kilovolt electrical transformer (KAV standard- 50 VA)15 KVA electrical transformer 20 KVA electrical transformer25 KVA electrical transformer33 kilovolt potential electrical transformer (KAV standard-400 VA)33 kilovolt current transformer (KAV standard-50 VA)37.5 KVA electrical transformer50 KVA electrical transformer75 KVA electrical transformer100 KVA electrical transformer200 KVA electrical transformer250 KVA electrical transformer300 KVA electrical transformer315 KVA electrical transformer400 KVA electrical transformer500 KVA electrical transformer630 KVA electrical transformer700 KVA electrical transformer800 KVA electrical transformer1000 KVA electrical transformer1200 KVA electrical transformer1500 KVA electrical transformer2000 KVA electrical transformer | 5% |
| 85.39 | 85.39.31.10 | From 1 to 10 watt electric energy saving bulbFrom 11 to 20 watt electric energy saving bulb From 21 to 30 watt electric energy saving bulbFrom 31 to 50 watt electric energy saving bulbAbove 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 | manufactured by Bangladesh Machine Tools Factory Ltd, Gazipur, at stage manufacturing; Retro-Reflecting vehicle number plate, vehicle Type (I) and (II)Retro-Reflecting vehicle number plate, vehicle Type (III)Vehicle Ownership Card | 5% |
| Supplied by Bangladesh Road Transport Authority (BRTA) to Consumer: Retro-Reflecting vehicle number plate, vehicle Type (I) and (II)Retro-Reflecting vehicle number plate, vehicle Type (III)Vehicle Ownership Card | |||
| 87.02 | Concerned H.S. code | Bus (52 seated capacity- General)Bus (52 seated capacity- chair deluxe)Bus (40 seated capacity- General)Bus (40 seated capacity- chair deluxe)Bus (36/40 seated capacity- Luxury/ Super luxury type)Bus (36 seated capacity- Air conditioned)Mini Bus (30 seated capacity- General)Mini Bus (24/30 seated capacity- Deluxe type) | 5% |
| 87.04 | Concerned H.S. code | Truck (Carrying Capacity 7 Tons)Truck Van (Carrying Capacity 7 Tons)Truck (Carrying Capacity 5 Tons)Truck Van (Carrying Capacity 5 Tons)Truck (Carrying Capacity 3 Tons)Truck Van (Carrying Capacity 3 TonsTruck 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 | Landing Craft:Landing Craft Vehicle and Personal (LCVP)Landing Craft Utility (LCU)Landing Craft Tang (LCT)Landing Ship Tank (LST)Landing Craft Logistics (LCL)Landing Ship Logistics (LSL)Landing Craft PersonalLanding Platform Helicopter (LPH)Patrol Boat/Gun Boat/Costal Patrol BoatFirst Attack Craft (Missile Boat, Torpedo Boat, Fac G)OPD/Covate/Large Patrol Craft (LPC)Patrol Boat/ Harbor Patrol boat/Inland Patrol VesselPilot Boat/Pilot Lunch/Security BoatSurvey VesselTagMooring BoatHouse Boat/ Water Boat (Without Engine)DresserFloating Crane/ Buoy Lifting Vessel/ Salvage Vessel/ Search and Rescue VesselLife BoatGarbage Disposal VesselPontoonFire Fighting ShipHospital Ship (Not Self-moving)Fishing Trawler BoatWooden 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 | 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 Services | VAT Rate |
| S001 | S001.20 | Restaurant (excluding three star or above standard restaurant in residendtial hotel enlisted under civil aviation and tourism ministry, restaurant in residential hotel including bar and restaurant with bar) | 5% |
| S012 | S012.14 | Internet Establishment | 5% |
| S014 | S014.00 | Indenting Establishment | 5% |
| S026 | S026.00 | Gold smith and Platinum smith and shop of Gold and Platinum and Gold artisan | 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 Goods
| Heading No. | H. S. Code | Description of Goods | VAT Rate |
| 39.24 | Concerned H. S. Code | All types of tableware, kitchenware, household item, higenic and toiletries items made from plastic (except tiffin box and water bottle) | 7.5% |
| 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% |
| 48.18 | 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) Hand towel/paper towel/clinical bed sheet | 7.5% |
| 48.23 | Concerned H. S. Code | Simplex Paper Packing Paper Colored paper | 7.5% |
| 76.15 | Concerned H. S. Code | Aluminium and kitchen or other household items, sanitary ware and tools made from aluminium | 7.5% |
| 90.04 | Concerned H. S. Code | Sunglass (made of plastic frame) Sunglass (made of metal frame) | 7.5% |
Part B: VAT Imposable Service
| Heading No. | H. S. Code | Description of Services | VAT Rate |
| S001 | S001.10 | Non-Ac Hotel | 7.5% |
| S004 | S004.00 | Construction Establishment | 7.5% |
| S022 | S022.00 | Sweet store | 7.5% |
| S024 | S024.10 | Furniture manufacturer (15% VAT if manufacturer directly supply to consumer) | 7.5% |
| S024 | S024.20 | Furniture selling show room (7.5% VAT subject to the VAT paid at manufacturing stage showing tax challan, otherwise 15%) | 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 Goods
| Heading No. | H. S. Code | Description of Goods | VAT Rate |
| 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 Services | VAT Rate |
| 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% |
| S036 | S036.20 | Air-conditioned water transport service | 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 Goods
| Heading No. | H. S. Code | Description of Goods | VAT Amount |
| 48.01 | Concerned H.S. Code | Newsprint | Taka 1600.00 (Per Metric Ton) |
| 52.05 to 52.07 | All H.S. Code | Cotton | Taka 3/per KG |
| 54.02 to 54.10 & 55.12 to 55.16 | All H.S. Code | Yarn made from combination of man-made fibre and other fibre which contains the majority of man-made fibre | Taka 3/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 1,400.00 (per Metric Ton) |
| (b) All types of Ballet and Ingot which is produced by imported/ local collected meltable scrape | Taka 1,200.00 (per Metric Ton) | ||
| (c) M.S goods which is produced from Ballet and Ingot | Taka 1,200.00 (per Metric Ton) | ||
| (d) M.S goods which is produced from Ballet and Ingot and dirt/mutable scrape | Taka 2,200.00 (per Metric Ton) |
Part B: VAT Imposable Service
| Heading No. | H. S. Code | Description of Services | VAT Amount |
| S012 | S012.20 | SIM Card or e-SIM Supplier | Taka 200 (per SIM card or per e-SIM) |
- 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).
- 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).
- 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 2.4% in the cases of medicine at local trading stage, and in case of diesel, kerosine, octane, petrol, furnace oil and LP gas, the rates of VAT shall be 2 per cent 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.
- VAT shall be 1.5 per cent in the case of wholesale business subject to compliance with prescribed conditions and procedures.
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.
