When was the Value Added Tax introduced in Bangladesh?
A
January 1, 1990
B
July 1, 1991
C
January 1, 2001
D
July 1. 2001
Correct Answer: July 1, 1991
The Value Added Tax was introduced in Bangladesh on 1 July 1991. The new law on VAT will come into force with effect from 1 July 2017