Exclusive Training On Application of Value Added Tax (VAT) in Bangladesh & VAT at Source (Product, Procurement & Service) Training Overview VAT is a new dimension in the tax area of Bangladesh. Though it has been implemented since 1991-still our academic books are not sufficient enough to address these accounting aspects systematically. Government is now a day’s very much harsh in collection of VAT from all relevant sources. The area of the VAT is increasing day-by-day. It is true that organizations are paying VAT still they are not in a position to keep their records as per VAT act and rules to substantiate their legitimate position. VAT authorities are not also accommodating in this perspective. Therefore, taxpayers are in dilemma to tackle this critical diverse situation. Keeping in mind the busy schedule of the management of the 21 century and the need of clear understandings about VAT transactions the magnitude of the presentation would be optimal so that participants can derive maximum benefits and effectively handle the complexities of VAT related issues in their day to day affairs.< /P> Objective of this Training: France in 1954 and Bangladesh in 1991 has introduced VAT. At present approximately 120 countries are exercising VAT in the world. Since inception of VAT Government has been modernizing and simplifying this tax policy. This FY 2011-12 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. So fill up the gap between theory and practice to minimize cost of business and pay VAT perfectly. Brief history, background, mission & role of VAT NBR roles in import & export product General features of VAT (Indirect Taxation) system of Bangladesh VAT at manufacturing & trade point How does VAT work, tax liability, net work & value addition Characteristic & input tax credit mechanism of VAT VAT- able products, services, VAT exemption & tax rate Cottage industry & turnover tax Registration process of manufacturer, services, traders & importers Stages of VAT, when it payable & how? ECR & advance trade VAT Value calculation & payment of tax Tariff value, excise duty & obligation of VAT unit When to pay? And mode of payment Submission of return, record keeping Valuation System Tax base & determination of assessable value for VAT Different kinds of value Legal provision Declaration & calculation of value Components of value & Approvals Adjudication & Appeal What is adjudication? Offences for adjudication Power of adjudication Imposition of penalties & Adjudication process Record Keeping and Accounting in VAT Importance of record keeping in VAT Obligation & record keeping Characteristics of VAT as a tax system Record keeping (mainly) Commercial documents VAT accounting and payment procedures Click for details >> Resource Person Md. Lutfor Rahman Commissioner, VAT & Custom Government of The Peoples Republic of Bangladesh Training Schedule Training Date: Saturday, 15th June 2013 Time: 09:30 am to 05:30 pm Total 08 Contact Hours Organized by: CPD Bangladesh Registration Details Training Fee: BDT 3,000/- Only Payment Mode: Cash or A/C Payee Cheque in favor of "CPD Bangladesh." Contact Address & Venue: Drik ICT, House: 58, Road: 15 A (New), Dhanmondi, Dhaka 1209 Contact Numbers: Phone: 9103222 | Cell: 01730444766 | Email: info@cpdbd More Upcoming Trainings Title Date Resource Person Branding for Business June, 14th, 2013 Aftab Mahmud Khurshid PMP Exam Preparation Course June, 21st, 2013 BM Shahrier Majumder, PMP Sharpening Selling Skills by Creating New Prospects June, 22nd, 2013 Razib Ahamed Service is New Marketing: Customer Service Excellence June, 29th, 2013 Aftab Mahmud Khurshid Import-Export Procedures through L/C and International Business & Trade July, 13th, 2013 ATM Nesarul Rezaul Hoque Reza
Posted on: Thu, 06 Jun 2013 13:07:38 +0000
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