In the new budget, it has been proposed to withdraw the exemption of Value Added Tax (VAT) of computer and its components. As a result of the implementation of the budget, the computer price will increase by 11 percent, Bangladesh Computer Samity (BCS) has expressed apprehension.
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BCS leaders expressed their views on the budget response to the proposed national budget review meeting of the 2018-19 fiscal year at BCS Innovation Center on Saturday afternoon. The information was given in a circular issued by the BCS.
According to the BCS, in the budget announced in the budget of 84.71 and 84.73 in the IT sector / HS Code, the tax exemption was proposed last year, but the VAT and tax component of the computer and its components were withdrawn. This will increase the cost of computers and components by about 11 percent. Apart from this, UPS / IPS Essential Products for Uninterrupted Power Supply. UPS / IPS tariff increase proposal (current rate of 10%, proposed rate 15%) has been made. Apart from this, the Voltage Stabilizer Essential Products for Static Maintaining Computer Printers and Photocopy Power Supplies Voltage stabilizers will act as a barrier to the increase in tariffs (current rate of 1%, proposed rate 15%). BCS leaders expressed optimism for reviewing the issues soon.
BCS president Subrata Sarker, Secretary General Mosharraf Hossain Sumon, Treasurer said. Jabedur Rahman Shaheen, director. Asaq Ullah Khan, Md. Mostafizur Rahman, Managing Director of Global Brand Pvt. Mr. Mohammad Muhibul Hasan, Deputy Managing Director of Smart Technologies BD Limited, Mr. Gautam Saha, Managing Director of Excel Technologies Limited, Chairman of StarTech and Engineering Limited. Rashed Ali Bhuiyan also said.
