01751 744 130   |     info@bpsti.com

Certificate Course on “New VAT Act 2012 & Customs Management’’ (Evening)

10 Days Certificate course on “New VAT Act 2012 & Customs Management’’ (Evening)

Course at A Glance

  Date : 13-11-2019
  No. of Classes/ Sessions : 10
    Total Hours : 20 hours
  Last Date of Registration :11-11-2019
   Class Schedule :6.30 pm to 8.30 pm ( As per class schedule)

Price: TK. 12000/- (Excluding VAT & TAX)

12000/- confirmed your seat & send registration fee @tk 12000 to bKash account)


10 days Certificate Course on “New VAT Act 2012 & Customs Management’’ (Evening)
Class time: 6.30 pm to 8.30 pm
( As per class schedule)

The course will be conducted by:

(1) M. Fakrul Alam, Commissioner of NBR
(2) Md. Ibrahim Hossain, Revenue officer of NBR
(3)
Md. Mosharraf Hossain, VAT consultant of Mosharraf Nazrul & Associates 

Course  Organized By: 

Bangladesh Professional Skills Training Institute (BPSTI) Chattogram, Institute of Professional Development Programs (IPDP), Dhaka & VAT TAX & Customs Guideline, Dhaka. 

Venue: Badamtali More, Agrabad C/A, Chattogram

Introduction:

Valued Added Tax (VAT) is a very important matter of today’s life. Everybody comes across different aspects of VAT in the course of his daily life and professional life. Be it an industry or any business house or any government or non-government office, there lies either the need for paying VAT or deducting VAT at source. All retail buyers require knowing the need for and importance of taking VAT Challan. So, it is important for everyone to obtain a basic knowledge of VAT. It is more important for them whose decisions matter for their businesses, industries, and offices. Moreover, people dealing with income tax, audit, management, finance, procurement, bills payable, etc. sections in different businesses and industries require knowing many things regarding VAT, some of those matters are tricky in nature. Updated knowledge in the area is needed to lead a team in corporate houses. An executive or a corporate team leader not only requires to know the rules and regulations currently in practice but for promoting the purposes of the organizations, they require to know what rules and regulations are in the offing that will impact them. The Value Added Tax and Supplementary Duty Act, 2012 (new VAT law) has been passed by the parliament in 2012. Preparatory work is now going on to make the lawfully effective from 1 July 2019. The executives and corporate leaders require knowing promptly what the basic features of the new VAT law are and how the new VAT law differs from the VAT law currently in force. The new VAT law shall be implemented through an automated system. So, it also requires knowing what shall be the role of the VAT payers in the automated process. VAT deduction at source is a very important aspect of our VAT system today. People serving in the VDS withholding entities require knowing in detail the provisions regarding VDS. This program is designed to provide the participants with the VAT knowledge in these areas.

How participants will benefit after this training?

The purpose of this program is to provide the participants basic understanding regarding the features of the new VAT law and to make them understand how the new VAT law is different from the current VAT law (VAT Act, 1991). Another purpose is to make them understand the features of the automated system through which the new VAT law shall be implemented. In addition, providing working knowledge regarding the provisions of the current VDS system is also the purpose of this training. Thus, attending the program, the participants:

— Can develop knowledge regarding the basic features of the new VAT law & Customs law;

— Can develop knowledge regarding how the new VAT law is different from the current VAT law;

— Can understand the basic features of the automated system through which the new VAT law & Customs law shall be implemented;

— Can understand their role to implement the new VAT law;

— Can understand the basic provisions of current VDS system;

— Can plan strategies for their organizations ahead to face future challenges;

— Can plan strategies for their organizations ahead to reap the benefits of the provisions of the new VAT law;

— Can further develop their career in VAT, customs, finance, and management.

Contents of Training :

 

Day 01 : Role of NBR, VAT & SD

            VAT in Bangladesh
          NBR role: Organogram
          Commissionerate role: Organogram
          VAT and SD Act, 2012: an overview
          Registration
          Registration threshold
          Enlistment threshold
          Types of registration
          Persons to be registered/ enlisted
          Registration/enlistment method
          Voluntary registration
          Central registration
          Cancellation of registration
          Cancellation of enlistment

Day 05 : Books of accounts

          Tax invoice
          Credit note
          Debit note
          Purchase register
          Sales register
          Contractual manufacturing invoice
          Transfer invoice
          VDS certificate
         AOB

 Day 02 : Imposition of a VAT

•          Who to pay VAT
          Supply in Bangladesh
          Registered supplier and receiver
          VAT agent for a non-resident person
          Reverse charged tax
          Zero-rated supply
          Supply for export
          Zero-rated service supply
          Travel agent and tour operator
          Exempted import/supply 

Day: 06 : SD and turnover TAX

•          SD imposition
          Who to pay
          Value for SD
          Special schemes
          Turnover tax
          VDS
          AOB

 

 

Day 03 : Net tax Calculation & payment

•        For VAT able import
          Determination of value
          For re-imports
          Import for export
          Advance VAT
          Value of VATable supply
          When to pay VAT
          Periodic and progressive supply
          One invoice multiple supplies
          Going concern sale
          Rights, options, voucher
          Advance paid telco supply
•          Lottery, lucky draw, housie, raffle draw
          Installment sale
          Others

 Day  07 : Return & refund processing

•          Return processing,
          Negative balance,
          Refund,
          Determination of tax by the         Commissioner
          Audit and investigation
          Arrears collection

Day 04: Net tax calculation and payment

•          Procedure
          Input tax credit
          Partial credit
          Adjustment
          AOB


Day 09 : Customs

•          LC opening, docs
•          Import processing
•          Bill of entry/export
•          HS code
•          Valuation
•          Assessment
•          ASYCUDA world
•          IPO/EPO
•          Allied acts

Day 05: Books of accounts

•          Tax invoice
•          Credit note
•          Debit note
•          Purchase register
•          Sales register
•          Contractual manufacturing invoice
•          Transfer invoice
•          VDS certificate

Day: 10: Bond management

•          Related regulation
•          Licensing
•          Types of bonded warehouse
•          Entitlement
•          Utilization declaration
•          Utilization permission
•          Master, B/B L/C
•          Audit
•          Offenses and penalties
•          AOB

 


Extra Facility:

Course participation certificate, Training Materials will be provided by IPDP & BPSTI.
Arrangement tea, snacks would be made by the Organizer during the workshop.

For Registration:
BPSTI, Chattogram

Call Mobile: 01751744130 (bKash Personal)
Email: info@bpsti.com

Registration Procedure:

To confirm your registration, please pay the registration fee by 11 November 2019.
Account Name: Md. Hamidur Rahman
Account No: 129-103-4194
Bank: Dutch Bangla Bank Ltd.
Branch: CDA Avenue, Chattogram

Or

bKash: 01751744130 (Personal)

N.B: After depositing the training fee by Bank please send a scanned copy and depositing the training fee by BKash sending mobile number & registration form to this mail: info@bpsti.com (Md Hamidur Rahman) to confirm your registration.
If you have any query, please feel free to contact us:

Md. Hamidur Rahman Chairman BPSTI
KN Tower (8th Floor), Badamtali Circle, Agrabad C/A, Chittagong, Bangladesh.
Mobile: 01751744130, Email: hamidurucep@gmail.com


Tentative Class Start

13-11-2019

Training Venue

BPSTI, K.N. Tower(8th floor), Badamtali Circle, Agrabad C/A, Chittagong

Available Seat

0 / 22

Enroll Now

Who Can Join

Prerequisites

• Who want to became consultant on VAT • Who involved export & import business • Management Trainees • Accounts/Finance Executives • Manager/Sr.Manager (F & A) • Tax and VAT consultant • Business person

Meet the Instructor


M. Fakhrul Alam

M. Fakhrul Alam