-- Lunch, Tea Break & Refreshment will be arranged by the organizer -- Training Materials will be provided by the organizer
-- Seats are limited and will be served on 'First Come-First Serve' basis
-- Participants will be awarded certificates at the end of the session

Who Should Attend

Anybody desirous of knowing the basics of INCOME TAX & VAT can attend the course. Junior and mid-level executives of businesses, offices and industries dealing with INCOME TAX, VAT, finance, audit, inventory, management, procurement, HR, supply chain can attend the course. Career beginners in those areas can attend the course. Senior level managers and owners of industries and businesses can attend the course to obtain basic knowledge to lead their team in better ways. Those desirous of beginning their careers in private sector can attend the course. INCOME TAX & VAT officials and employees can attend the course. Practitioners of Audit and Accounting Firms, Law Firms, Consultants and others can attend the course.

Income Tax & VAT (Theory & Practice) & Including all changes in FY (15-16)

Date : 18 Dec 2015-19 Dec 2015
Time : 10:00AM-6:00PM
Fee  : 6500 BDT/Participant
Training venue :
UTC Tower (Ground Floor), 8 Panthapath, Dhaka (Beside Basundhara Shopping Complex)
Training Objective
Training Content
Contents of VAT Workshop:
1st Half


Brief history, Background, Mission & role of VAT
National Board of Revenue (NBR) at a glance
NBR roles in import & Export product
General features of VAT (Indirect taxation) system of Bangladesh

VAT at manufacturing & trade point

How does VAT works, Tax liability, net work & value addition
Methods of input tax credit mechanism & characteristic of VAT
VAT- able goods & services, exemption & tax rate
Cottage industry & turnover tax
Registration process of manufacturer, services, traders & importer
Stages of VAT, when it payable & how?
ECR & advance trade VAT
Value calculation & payment of tax
Tariff value, Excise duty & obligation of VAT unit
When to pay? & mode of payment
Submission of return, Record keeping & Right of Tax payer
Offence, penalty, adjudication & dispute statement
Different forms on VAT
Dispute & Need

VAT at Service sector

Network/Scope, Exemption, calculation
Registration process
Tax base/procedure of VAT
Truncated base &VAT at source
VAT payment &collection System
Central Registration Process
VAT on Banking & Insurance Sector
Hotel, Restaurant, Construction firms and Building Developer
VAT system on Export, Deemed Export and Bond
Various reporting Under VAT law
Refund system

2nd half

Valuation System

Tax base & determination of assessable value for VAT
Different kinds of value
Legal provision
Declaration & Calculation of value
Components of value
Value approvals

Adjudication & Appeal

What is Adjudication?
Offences for adjudication
Power of adjudication
Imposition of penalties
Adjudication process

Record Keeping and Accounting in VAT

Importance of record keeping in VAT
Obligation & Record keeping
Characteristics of VAT as a tax system
Record keeping (mainly)
Commercial documents
VAT Accounting and Payment Procedures

Important changes at VAT law through Budget,2015

Question & answer

Contents of Income Tax Workshop:

1st half:

Salary tax assessment

(including investment tax rebate &

tax calculation)

Area of Income Tax

Deduction/Collection at source, rate of deduction, list of deducting authority, where and when to be deposited, consequence of non-compliance.

[including advance tax and list of 82C income]

Detailed discussion with practical problem and its solution.

2nd half:

(1)Income tax return,

(2) filing of return under

Universal self assessment.

(3) Wealth statement and life style statement.

[Practical demo to fill-up the return form]

Important changes at income tax law through Budget,2015

Question & answer
Facilitator(s) Profile

Md. Lutfor Rahman
Commissioner (Customs & VAT)
Government of The Peoples Republic of Bangladesh
  Md. Lutfor Rahman joined Bangladesh Civil Service as Assistant Commissioner of Customs in the year 1988. Since then, he worked in diverse areas including revenue collection, customs fraud, anti smuggling program, prevent commercial fraud etc. He worked as Deputy Commissioner of the Customs House to implement the Export and Import policy of the country. He was also involved in policy formulation and implementation in Customs Administration. In Chittagong, he worked as Deputy Director, Customs, Excise and VAT Training Academy to monitor and formulate training program for the new entrants. During his job tenure in CAM-1 project as Training In-charge financed by the World Bank on lien from the National Board of Revenue, he worked to develop and formulate international standard and acceptable Customs declaration according to UN layout plan. Between September 2001 and January 2004, he was posted at ICD custom station under Customs House Dhaka, and looking after, among others, ASYCUDA ++ system, supervising import and export including Garment bonded warehouse. He was made First Secretary (Customs) of National Board of Revenue in January 2004 with responsibility to help Customs policy making and coordinate budget activities of the country. Mr Rahman attended many trainings namely modern system of application of customs regulations under Singapore Co-operation program, VAT management in UK Customs, Risk assessment, profiling, and targeting organized by World Customs Organization in Manila. Prior to his present designation, he carried out his responsibilities as Additional Commissioner of Customs at Custom House Dhaka & In-charge of Zia International Airport, Commissioner of customs at Appeal Commissionerate, Dhaka, Custom House Chittagong, Director General at DEDO office, Dhaka.

Ranjan Kumar Bhowmik, FCMA
Director General
B.C.S(Tax) Academy, Dhaka
Registration Details
Registration payment can be made by cash or A/C Payee cheque in favor of Business Express, before December 17, 2015, till 04:51 pm

Registration Point
Business Express H:38/A (3rd Floor),R: 9/A Dhanmondi, Dhaka-1209

Mob: 01717801435

Last date of registration: Thursday, 17 Dec 2015
We offer In-House/Customized training on Sales, Leadership, Finance, HR, RMG or any Soft Skill Topics.