This free downloadable Handbook: Supplementary Duty (SD) Rates FY 2023-24 will help you to know full SD rates with H.S. Code. Full SECOND SCHEDULE of Value Added Tax and Supplementary Duty Act 2012 are provided in this PDF version downloadable handbook.
We have also published Handbook: TDS rates FY 2023-24 with section references, Handbook: VAT rates FY 2023-24 with H.S Code and Handbook: VAT Exempted Goods and Services FY 2023-24 in this website . You may download PDF soft copy of the above mentioned handbooks by visiting the respective post.
As per section 55 imposition of supplementary duty under Value Added Tax and Supplementary Duty Act 2012, supplementary duty shall be imposable and payable on the import of goods, the supply of goods manufactured in Bangladesh and the supply of services rendered in Bangladesh.
But supplementary duty shall not be applicable in two cases. One is if any goods is imported for export and not for home-consumption. And another one is the supply of goods or services that are zero-rated.
You know, VAT is applicable at multi-level but the supplementary duty shall be payable at only one stage.
Supplementary duty shall be charged at specified rates or specified amount in the SECOND SCHEDULE of the Value added Tax and Supplementary Duty Act 2012.
The second schedule is divided into three tables. Table 1 consists goods subject to supplementary duty at import stage, table 2 consists goods subject to supplementary duty at supply stage and table 3 consists services subject to supplementary duty at supply stage.