The Advisory Council in Bangladesh has approved a waiver of the 7.5% VAT and 2% advance tax on domestic LPG at local production and trading stages, effective from 5 February 2026. The waiver retains only a 7.5% VAT at the import stage, aiming to reduce the overall tax burden on LPG and potentially lower retail prices.
On 5 February 2026, the Advisory Council approved a waiver of the 7.5% VAT and 2% advance tax at local production and trader levels for domestic LPG.
The waiver removes the 7.5% VAT and 2% advance tax at local production and trading stages, leaving only a 7.5% VAT at the import stage.
Yes, imported LPG will still incur a 7.5% VAT at the import stage.
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BSS · 3 days ago
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The Business Standard · 29 days ago
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New Age · 29 days ago
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New Age · 30 days ago
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