Complete VAT Training training centre in Bangladesh


Complete VAT Training


This module includes All changes of VAT Act, SRO, Rate of duty, in this FY And Special attention at VAT & VAT at source applicable for A) Limited Company, 2) Bank, 3) Insurance, 4) NGOs , 5) Financial Institutions & others.

France in 1954 and Bangladesh in 1991 has introduced VAT. At present approximately 147 countries are exercising VAT in the world. Since inception of VAT Government has been modernizing and simplifying this tax policy. This FY there are also many changes in Acts, Rules, SROs and Regulations as part of its simplification. To clarify all dilemma and changes, first we need to understand than to be understood. To minimize cost of business & pay VAT perfectly we have to fill up the gap between theory and practice.

At the end participants will be able to know:
* Latest changes in this FY budget
* Back ground, History, mission & role of VAT
* VAT on trade, manufacturer, supply, services, VAT at source
* Specially VAT on Limited Co. Bank, Insurance, NGOs
* Self assessment, rebate, exemption & exception
* Value, VAT calculation, return & accounting
* Dispute settlement and what not.


Interactive Lecture
PowerPoint Presentation
Group Discussion

Contents of Training:

First session
1. Brief history, Background, Mission & role of VAT
2. National Board of Revenue (NBR) at a glance
3. NBR roles in import & Export product
4. General features of VAT (Indirect taxation) system of Bangladesh

Second session
5. VAT at manufacturing & trade point
6. How does VAT works, Tax liability, net work & value addition
7. Characteristic & Input tax credit mechanism of VAT
8. VAT- able product, services, VAT exemption & tax rate
9. Cottage industry & turnover tax
10. Registration process of manufacturer, services, traders & importer
11. Stages of VAT, when it payable & how?

Third session
12. ECR & advance trade VAT
13. Value calculation & payment of tax
14. Tariff value, Excise duty & obligation of VAT unit
15. When to pay? & mode of payment
16. Submission of return, Record keeping & Right of Tax payer
17. Offence, penalty, adjudication & dispute statement
18. Dispute & Need

Forth session
19. VAT at Service sector
20. Network/Scope, Exemption, calculation
21. Registration process
22. Tax base/procedure of VAT
23. Truncated base &VAT at source
24. VAT payment &collection System
25. Central Registration Process
26. VAT on Banking & Insurance Sector
27. Hotel, Restaurant, Construction firms and Building Developer
28. VAT system on Export, Deemed Export and Bond
29. Various reporting Under VAT law
30. Refund system

Five session : Valuation System
31. Tax base & determination of assessable value for VAT
32. Different kinds of value
33. Legal provision
34. Declaration & Calculation of value
35. Components of value
36. Value approvals

Six session : Adjudication & Appeal
37. What is Adjudication?
38. Offences for adjudication
39. Power of adjudication
40. Imposition of penalties
41. Adjudication process

Seven session : Record Keeping and Accounting in VAT
42. Importance of record keeping in VAT
43. Obligation & Record keeping
44. Characteristics of VAT as a tax system
45. Record keeping (mainly)
46. Commercial documents
47. VAT Accounting and Payment Procedures:

Eight session : Practical
48. Different forms required to know
49. Register maintain (Mushuk; 16,17,18)

Nine session: Practical
50. Fill up & submission of return

Ten session : Practical
51. Value declaration (Mushuk-1)
52. Required documentation

Question & answer

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Md. Arshed Ali
  • Friday, June 12, 2020

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Anybody related with trade, commerce and industry can attend the course. Officers and executives dealing with finance and VAT in businesses and industries will be benefited from the course. Chief executives of businesses and industries can attend the course to keep themselves up-to-date regarding VAT matters and to obtain structural knowledge regarding VAT. People doing VAT consultancy can attend the course. Officers and executives of Audit and Accounting Firms can attend the course. All career beginners in private sector can attend the course. Above all, officers and employees of VAT can attend the course.