15% VAT slapped on airport dev, safety fees
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
The Business Standard

Thursday
February 02, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
THURSDAY, FEBRUARY 02, 2023
15% VAT slapped on airport dev, safety fees

Aviation

TBS Report
29 July, 2020, 11:25 pm
Last modified: 29 July, 2020, 11:34 pm

Related News

  • Stop gas wastage, reduce VAT-tax for entrepreneurs
  • Intimidating businesses to pay VAT not helpful: FBCCI
  • Hoteliers seek tax cut for hospitality industry
  • Suppliers paying 15% value added tax don't have to pay additional source VAT: NBR
  • VAT on edible oil reverts to 15%

15% VAT slapped on airport dev, safety fees

The newly introduced “passenger safety” and “airport development” fees will be collected from all outbound passengers from August 1

TBS Report
29 July, 2020, 11:25 pm
Last modified: 29 July, 2020, 11:34 pm
Photo: UNB
Photo: UNB

From Saturday (August 1), the Civil Aviation of Bangladesh (CAAB) will realize 15 percent value-added tax (VAT) on previously declared two fees from both domestic and international passengers.

In a letter to the CAAB Wednesday, the National Board of Revenue (NBR) asked the aviation authority to take necessary measures in this regard.

The civil aviation earlier introduced two new fees -- "Passenger Safety Fee" and "Airport Development Fee" -- for all outbound passengers for using airports in Bangladesh from August 1 this year.

On July 22, the CAAB issued a circular in this regard where all outbound passengers were divided into three categories -- domestic, passengers to Saarc countries, and passengers to other countries.

The domestic passengers have been levied with an extra of Tk170 -- Tk70 as Passenger Safety Fee and Tk100 as Airport Development Fee.

Meanwhile, air passengers to Saarc countries have been charged $5 as Airport Development fee and $6 as Passenger Safety Fee. The CAAB said both fees would be $10 for passengers from other countries.

The 15 percent VAT will be supplemented on these two additional fees. 

For example, passengers to Saarc countries from August 1 will have to pay Tk934 extra [1 dollar equals to Tk84.95] for airport development and safety. The 15 percent VAT will be applied on this amount, which will be Tk140.

Thus, the total additional charge a passenger to any Saarc country is required to pay now will be Tk1,074.61. This amount for passengers to other countries including the Middle East will be Tk1,953.85.

It can be noted that many countries charge air passengers with the two fees, and Bangladesh is set to follow their lead. The CAAB said the fees would help to improve services for outbound passengers and modernise the local airports.

The civil aviation talked to several ministries and came up with the announcement after getting green signal from them. CAAB Director (Finance) Mohammad Moazzem Hossain said they had already sent the circular to local and international airliners operating in the country.

Bangladesh / Economy / Top News

vat / airport dev / safety fees

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • File photo
    Another shock for consumers as LPG price hiked to Tk1,498 per 12 kg cylinder
  •  Defying economic shocks, export earnings register 5.89% growth in January
    Defying economic shocks, export earnings register 5.89% growth in January
  • Photo: TBS
    Anti-govt movement can do nothing as people are with AL: Sheikh Hasina

MOST VIEWED

  • Photo: A design layout of the third terminal of Dhaka Airport/Collected
    Operation and maintenance of Dhaka Airport's terminal-3 under PPP
  • File photo of a Biman aircraft/Collected
    Biman to use own aircraft for Hajj flights this year
  • Photo: Courtesy
    Air Astra’s third aircraft ATR 72-600 arrives in Bangladesh
  • Bangladesh, Rwanda sign air service agreement
    Bangladesh, Rwanda sign air service agreement
  • Tk32.46cr due: Govt confiscates Regent Airways' bank account
    Tk32.46cr due: Govt confiscates Regent Airways' bank account
  • Photo: UNB/Freepik
    Bangladeshi passport remains 9th weakest in Henley Index

Related News

  • Stop gas wastage, reduce VAT-tax for entrepreneurs
  • Intimidating businesses to pay VAT not helpful: FBCCI
  • Hoteliers seek tax cut for hospitality industry
  • Suppliers paying 15% value added tax don't have to pay additional source VAT: NBR
  • VAT on edible oil reverts to 15%

Features

Six Jeep Wranglers and a special XJ Jeep Cherokee set out into the depths of Lalakhal, Sylhet for an experience of a lifetime. Photo: Ahbaar Mohammad

Jeep Life Bangladesh: A club for Jeep owners to harness the power of their vehicles

5h | Wheels
While the Padma bridge in operation is changing the lives of millions in the south for the better, passenger rush to Shimulia ghat died down. Photo: Masum Billah

How are the Shimulia ghat businesses faring after Padma bridge?

7h | Panorama
After so many investments going embarrassingly wrong, as was the case with Sam Bankman-Fried, perhaps tech investors’ preference for less experience will wane. Photo: Bloomberg

Are you the next Steve Jobs? Good luck raising money in 2023

7h | Panorama
An elderly couple's lonely battle to save Dhaka's trees

An elderly couple's lonely battle to save Dhaka's trees

1d | Panorama

More Videos from TBS

Is Hathurusingha the most successful coach of Bangladesh?

Is Hathurusingha the most successful coach of Bangladesh?

20h | TBS SPORTS
Semiconductor, pharma should get more attention

Semiconductor, pharma should get more attention

22h | TBS Round Table
Dhali Al Mamun’s art depicts colonial impact

Dhali Al Mamun’s art depicts colonial impact

21h | TBS Stories
Jewel's humanitarian store

Jewel's humanitarian store

19h | TBS Stories

Most Read

1
Bapex calls candidates for job test 9 years after advert!
Bangladesh

Bapex calls candidates for job test 9 years after advert!

2
Leepu realised his love for cars from a young age and for the last 40 years, he has transformed, designed and customised hundreds of cars. Photo: Collected
Panorama

'I am not crazy about cars anymore': Nizamuddin Awlia Leepu

3
Photo: Collected
Energy

8 Ctg power plants out of production

4
The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo
Economy

IMF approves $4.7 billion loan for Bangladesh, calls for ambitious reforms

5
Photo: Collected
Court

Japanese mother gets guardianship of daughters, free to leave country

6
Fund cut as Dhaka's fast-track transit projects on slow spending lane
Infrastructure

Fund cut as Dhaka's fast-track transit projects on slow spending lane

EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]