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Bangladesh Economy

NBR Cuts VAT on Hotels and Restaurants from 15% to 5%

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1Nojor Desk
  • 16 Jan 25
  • 05:54 AM

The National Board of Revenue (NBR) has decided to reduce the VAT rate for hotels and restaurants from 15% to 5%. This decision, confirmed by NBR Member Mohammad Belal Hossain Chowdhury, will be officially announced today. The NBR’s move follows a review of the Bangladesh Restaurant Owners Association’s appeal. Earlier, the VAT on restaurants had been raised to 15% from 5% on January 9, alongside VAT hikes on over 100 goods and services.

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Ittefaq 16 Jan 25

VAT in the Restaurant Sector Returns to 5%

The VAT rate for the restaurant sector has returned to its previous level. Mohammad Belal Hossain Chowdhury, Member (VAT Policy) of the National Board of Revenue (NBR), confirmed this information. On Thursday (January 16), he stated that the government has decided to revert to the previous rate of 5% VAT for restaurants, withdrawing the earlier decision to impose a 15% VAT. The NBR is expected to issue the relevant order on Thursday or Sunday.

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