
TOAB demands continuation of existing VAT exemption
The Tour Operators Association of Bangladesh (TOAB) today called for the continuation of the existing VAT exemption on tour operator services, which is planned to be withdrawn in the proposed national budget announced on June 6.
TOAB came up with the demand at a press conference held at the Nasrul Hamid Auditorium, Dhaka Reporters Unity (DRU).
In this context, TOAB President Md. Rafeuzzaman, also the chairman of the FBBCI Travel, Tour and Hospitality Standing Committee, demanded the continuation of the existing VAT benefits for tour operators to further develop the tourism industry.
Rafeuzzaman said VAT is provided while renting a hotel room, purchasing a transport ticket, paying a meal bill at a restaurant, and purchasing tickets for various tourist attractions and amusement parks. I...