The Institute of Cost and Management Accountants of Bangladesh (ICMAB) arranged a discussion programme on 'Fundamentals and Benefits of New VAT Act 2012' at ICMAB Ruhul Quddus Auditorium in Dhaka recently.
Syed Mushfequr Rahman, Commissioner of Customs and Project Director VAT Online Project, National Board of Revenue (NBR) presented the key note paper, said a press release.ICMAB President M Abul Kalam Mazumdar presided over the function while ICMAB Secretary Md Abdur Rahman Khan delivered the welcome address.
ICMAB Vice Chairman (Seminar and Conference Committee) Md Kausar Alam offered vote of thanks on the occasion.
M Abul Kalam Mazumdar said, NBR will implement VAT (Value Added Tax) Act 2012 from next fiscal year. The programme was organised for making the members of the Institute (CMAs) for making their aware of the VAT Act.