1. What
is VAT?
Presenter: "First things first, what
exactly is VAT? VAT, or Value Added Tax, is a tax that’s applied at each stage
of the supply chain when a product or service is produced or sold. In
Bangladesh, this tax is typically 15%, but it varies for different sectors.
Essentially, it’s a way for the government to generate revenue by taxing the
value added to products at each step of production."
[B-roll:
Visuals of different products being manufactured, distributed, and sold in a
marketplace.]
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