Muhith mulls lifting VAT on internet use


FE Team | Published: February 22, 2018 18:45:57 | Updated: February 23, 2018 17:38:15


Muhith mulls lifting VAT on internet use

Finance Minister AMA Muhith has said he will consider the withdrawal of existing VAT on internet usage in the next budget.

"I promise to seriously consider the VAT on internet usage in the upcoming budget," he said in response to ICT Minister Mustafa Jabbar.

The finance minister inaugurated the BASIS SoftExpo 2018 at Bangabandhu International Conference Centre in Dhaka on Thursday.

At present the VAT on internet usage is 15 per cent.

"Last year as BASIS president I requested for the withdrawal of VAT on internet usage and now as the ICT minister I request the finance minister to consider the amount of VAT," said Minister Jabbar who was present at the ceremony as a special guest.

The four-day BASIS SoftExpo 2018 kicked off on Thursday and will continue till Sunday.

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