The Institute of Cost and Management Accountants of Bangladesh (ICMAB) arranged a Discussion Program on “Fundamentals and Benefits of New VAT Act 2012” at ICMAB Ruhul Quddus Auditorium, ICMAB Bhaban, Dhaka recently.
Mr. Syed Mushfequr Rahman, Commissioner of Customs and Project Director VAT Online Project, National Board of Revenue (NBR) presented the keynote paper.
President, ICMAB Mr. M. Abul Kalam Mazumdar FCMA presided over the function while Secretary of ICMAB Mr. Md. Abdur Rahman Khan FCMA delivered the welcome address and Vice-Chairman, Seminar & Conference Committee, ICMAB Mr. Md. Kausar Alam FCMA offered vote of thanks on the occasion.
ICMAB President Mr. M. Abul Kalam Mazumdar said, NBR will implement VAT (Value Added Tax) Act 2012 from next fiscal year. The program was organized for making the members of the Institute (CMAs) aware of the VAT Act.
Salient features of the Act was discussed to make the CMAs up to date about their knowledge to work professionally with due skill.
A good number of CMAs took part in the program and participated in question & answer session.