Bangladesh’s National Board of Revenue has revised the VAT structure on liquefied petroleum gas (LPG), removing the 7.5 % VAT at local production and trading stages and the 2 % advance tax at import. A uniform 7.5 % VAT will now be applied at the import stage, effective 16 February 2026 and set to remain until 30 June 2026. The change is expected to lower the overall VAT burden on consumers by roughly 20 %.
A uniform 7.5 % VAT will be applied at the import stage, effective 16 February 2026.
The new structure takes effect on 16 February 2026 and remains in force until 30 June 2026.
The overall VAT burden on consumers purchasing LPG is expected to decrease by roughly 20 % compared to the previous structure.
The National Board of Revenue issued the notifications.
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