The standard rate of VAT is 15% levied on transaction value of most of the imports and supplies of goods and services.
[3] The National Board of Revenue (NBR) is the central authority for tax administration in Bangladesh.
Administratively, it is the attached department to the Internal Resources Division (IRD) of the Ministry of Finance (MoF).
NBR is responsible for the formulation and continuous re-appraisal of tax-policies and tax-laws in Bangladesh.
Under the overall control of IRD, NBR administers the excise, VAT, customs and income-tax services consisting of 3434 officers of various grades and 10195 supporting staff positions.