Update September 16, 2015

Dhaka 5-00 am, 01-November, 2020

PM’s directive to FM on VAT withdrawal

Sumel Sarker

Hasina 22

PM’s directive to FM on VAT withdrawal

16 Septembar 2015, Nirapad News: Prime Minister Sheikh Hasina’s decision on lifting value added tax (VAT) imposed on tuition fees will come out later in the day, said Cabinet Secretary Muhammad Musharraf Hossain Bhuiyan.

He said during the regular Cabinet meeting, the premier has instructed the Finance Minister AMA Muhith over withdrawal of the VAT.

The secretary made observation after the cabinet meeting on Monday, with PM Sheikh Hasina in the chair.

When asked ‘who will declare it’, he said that Finance minister or National Board of Revenue (NBR) will formally disclose the decision in this regard.

Musharraf Hossain Bhuiyan said scrolls made by various television channels on VAT withdrawal were noticed by all including the Prime Minister. But I would like to say that the cabinet did not discuss the issue.”

However, the Prime Minister talked to the Finance Minister AMA Muhith about the matter. The decision whatever taken by them will be declared officially on behalf of the minister.

Besides, a reliable source said Prime Minister Sheikh Hasina held talks with finance minister and Public Administration Minister Syed Ashraful Islam at Ganabhaban on Sunday evening. The decision to withdraw VAT on private universities was informed in the meeting.

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