DHAKA, Jan 7, 2026 (BSS) - The National Board of Revenue (NBR) today launched an automated online Value Added Tax (VAT) refund system, allowing refunds to be transferred directly to taxpayers' bank accounts, a move considered as ending long-standing delays and harassment in the refund process. NBR Chairman Md Abdur Rahman Khan formally inaugurated the system by transferring Tk 45.35 lakh in VAT refunds to the bank accounts of three taxpayers from three Dhaka-based VAT commissionerates through the electronic platform. Once it stabilises, it will be generalised," he said, adding that income tax refunds would also be brought under a similar automated system after VAT refunds prove successful. Under the new system, taxpayers will only need to provide their bank account details once. The NBR said the system will ensure faster, fully transparent refund processing and eliminate the need for taxpayers to visit VAT offices.

Source: Bangladesh Sangbad Sangstha January 07, 2026 06:27 UTC