VAT on superstores: No extra charge on MRP, clarifies NBR | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Sunday
June 15, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
SUNDAY, JUNE 15, 2025
VAT on superstores: No extra charge on MRP, clarifies NBR

NBR

UNB
25 February, 2025, 07:25 pm
Last modified: 25 February, 2025, 08:35 pm

Related News

  • Chattogram Port proposes 70%-100% tariff hike
  • Barguna sees alarming dengue spike even before monsoon begins
  • Only those who participated in movements in last 16 years will lead BNP: Ctg mayor
  • Woman dies from snakebite in Kushtia
  • Heavy-lift vessel docks for first time at Mongla Port

VAT on superstores: No extra charge on MRP, clarifies NBR

the NBR said superstores paying VAT at the standard 15% rate are eligible for an input tax rebate, provided they comply with other legal provisions

UNB
25 February, 2025, 07:25 pm
Last modified: 25 February, 2025, 08:35 pm
File photo of a supershop in the capital/Collected
File photo of a supershop in the capital/Collected

The National Board of Revenue (NBR) has clarified that superstores cannot charge additional money from consumers if they sell goods at the maximum retail price (MRP), as the value-added tax (VAT) is already included in the price.

In an instruction letter issued recently, the NBR said superstores paying VAT at the standard 15% rate are eligible for an input tax rebate, provided they comply with other legal provisions.

However, those paying VAT at the reduced 7.5% rate are not entitled to any rebate.

The directive aims to regulate product prices, protect consumer rights, facilitate trade, and implement a structured VAT system, the NBR said.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

The NBR defines a super-shop as an independent and complete shop, whether air-conditioned or not, regardless of its size, where fresh, germ-free, and preservative-free fish, meat, rice, lentils, vegetables, fruits, and other household and decorative products are sold using modern scientific technology.

The Value Added Tax and Supplementary Duty (Amendment) Ordinance, 2025, has raised the VAT rate for businesses from 5% to 7.5%, effective from 9 January 2025. Consequently, superstores are now subject to a 7.5% VAT rate.

Under the Value Added Tax and Supplementary Duty Act, 2012, registered businesses can opt to pay a 15% VAT instead of the reduced rate or specific tax outlined in the Third Schedule.

If a superstore chooses the 15% VAT rate, it can claim an input tax rebate without needing to submit an input-output coefficient declaration, provided all other legal conditions are met.

Bangladesh

Super markets / National Board of Revenue (NBR) / Bangladesh / tax / vat

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Fire of Israeli attack on Sharan Oil depot is seen following the Israeli strikes on Iran, in Tehran, Iran, June 15, 2025. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
    Israel and Iran strike at each other as Trump says conflict can be easily ended
  • The moment before Abu Sayeed was shot during a clash between police and protesters in front of Begum Rokeya University in Rangpur on Tuesday, 16 July 2024. Screengrab from video
    ICT extends deadline for Abu Sayed murder probe by one month
  • AMM Nasir Uddin. File photo: Collected.
    EC moving forward with polls preparations, committed to ensuring level playing field: CEC

MOST VIEWED

  • Tour operator Borsha Islam. Photo: Collected
    ‘Tour Expert’ admin Borsha Islam arrested over Bandarban tourist deaths
  • Fighter jet. Photo: AFP
    3 F-35 fighter jets downed, two Israeli pilots in custody, claims Iranian media
  • Infographic: TBS
    Chattogram Port proposes 70%-100% tariff hike
  • Vehicles were seen stuck on the Dhaka-Tangail-Jamuna Bridge highway due to a traffic jam stretching 15 kilometres on 14 June 2025. Photo: TBS
    15km traffic jam on Dhaka-Tangail-Jamuna Bridge highway as post-Eid rush continues
  • Ahsan H Mansur. TBS sketch
    BB governor meets global litigation funders to mobilise $100m for tracing stolen assets
  • Burnt out cars and damaged buildings are all that’s left of this street in Ramat Gan Credit: AP
    Iran threatens to strike US, UK, and French bases if they help defend Israel

Related News

  • Chattogram Port proposes 70%-100% tariff hike
  • Barguna sees alarming dengue spike even before monsoon begins
  • Only those who participated in movements in last 16 years will lead BNP: Ctg mayor
  • Woman dies from snakebite in Kushtia
  • Heavy-lift vessel docks for first time at Mongla Port

Features

Photos: Collected

Kurtis that make a great office wear

1d | Mode
Among pet birds in the country, lovebirds are the most common, and they are also the most numerous in the haat. Photo: Junayet Rashel

Where feathers meet fortune: How a small pigeon stall became Dhaka’s premiere bird market

3d | Panorama
Illustration: Duniya Jahan/ TBS

Forget Katy Perry, here’s Bangladesh’s Ruthba Yasmin shooting for the moon

4d | Features
File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar

Dhaka: The city we never want to return to, but always do

6d | Features

More Videos from TBS

Is Regime Change in Iran Israel's Goal?

Is Regime Change in Iran Israel's Goal?

20m | TBS World
Ishraque seeks chief adviser's intervention for oath as Dhaka South mayor

Ishraque seeks chief adviser's intervention for oath as Dhaka South mayor

1h | TBS Today
Israel asked US to join military campaign against Iran, but US rejects request

Israel asked US to join military campaign against Iran, but US rejects request

2h | TBS World
Iran-Israel direct confrontation; war looms in the Middle East

Iran-Israel direct confrontation; war looms in the Middle East

3h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net