Muhith proposes VAT on e-commerce

FE Online Desk | Published: June 07, 2018 14:04:21 | Updated: June 07, 2018 17:14:24

Finance Minister AMA Muhith has proposed VAT on e-commerce at 5.0 per cent in the budget for fiscal year 2018-19.

The businesses also involve those using Facebook for sales.

Earlier in 2015, he tried to impose VAT at 4.0 per cent on the same kind of business but failed to do so amid pressure from the stakeholders.

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