VAT on e-books exempted to ease burden on students
Earlier, there was a 15% VAT at the import stage and 5% at the local stage
Photo: Deutsche Welle
Earlier, there was a 15% VAT at the import stage and 5% at the local stage
The National Board of Revenue (NBR) has exempted value-added tax (VAT) on e-books to reduce student costs.
The tax administration approved the exemption today, said Md Bodruzzaman Munshi, second secretary for VAT policy at the NBR.
For all latest news, follow The Daily Star's Google News channel. Previously, students had to pay 15 percent VAT at the import stage and 5 percent at the local stage.
"This decision is expected to ease the financial burden on students and promote access to educational resources," said Munshi.