Analysis of VAT collection, distribution, and audit of B-Trac Technologies Ltd.

This internship report is submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2023.

Chi tiết về thư mục
Tác giả chính: Rashed, Sayed Raheduzzaman
Tác giả khác: Hossain, Saif
Định dạng: Internship report
Ngôn ngữ:English
Được phát hành: Brac University 2024
Những chủ đề:
Truy cập trực tuyến:http://hdl.handle.net/10361/23533
id 10361-23533
record_format dspace
spelling 10361-235332024-06-24T21:03:31Z Analysis of VAT collection, distribution, and audit of B-Trac Technologies Ltd. Rashed, Sayed Raheduzzaman Hossain, Saif Brac Business School, Brac University VAT collection Audit B-Trac Technologies Ltd. Value-added tax--Bangladesh. This internship report is submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2023. Cataloged from the PDF version of the internship report. Includes bibliographical references (pages 49). This internship report provides an overview of BTTL’s VAT recording, collection, and distribution related activities and how they are impacting the company's performance. The report analyzes the company's VAT related approaches, audit reports, SROs provided by the NBR. The research methodology involved primary and secondary research. The findings reveal that BTTL’s VAT related approaches are well organized, they practice VAT as per as described in the SRO’s both for their imported products and the products they sell into the market. Significantly, they are allowed to claim a refund from the money they have paid at the import Stage (Which is claimable on AT). The report also recommends that the VAT audit and investigation plays a vital role in preventing unethical practices. Due to supervision of custom officers, it is quite clinically evaluated whether the VAT-payers are obeying all the SRO’s and regulations which are provided especially by the NBR. Overall, the report concludes that managing all the regulatory orders and documentation of VAT in different books is crucial for BTTL. Prominently, they are well ahead in the management of this complexity. In every financial year there come numerous changes in the SROs like new exemptions or non-exemption on the products, changes of rates on different stages of business activities, regulatory ordinance on AT refund and other changes or addition of laws. To avoid any mistakes in the documentation, it is equally important for the respective personnel to include these changes along with the instructions provided by NBR. Sayed Raheduzzaman Rashed B. Business Administration 2024-06-24T04:17:45Z 2024-06-24T04:17:45Z 2023 2023-05 Internship report ID 18304081 http://hdl.handle.net/10361/23533 en Brac University internship reports are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 49 pages application/pdf Brac University
institution Brac University
collection Institutional Repository
language English
topic VAT collection
Audit
B-Trac Technologies Ltd.
Value-added tax--Bangladesh.
spellingShingle VAT collection
Audit
B-Trac Technologies Ltd.
Value-added tax--Bangladesh.
Rashed, Sayed Raheduzzaman
Analysis of VAT collection, distribution, and audit of B-Trac Technologies Ltd.
description This internship report is submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2023.
author2 Hossain, Saif
author_facet Hossain, Saif
Rashed, Sayed Raheduzzaman
format Internship report
author Rashed, Sayed Raheduzzaman
author_sort Rashed, Sayed Raheduzzaman
title Analysis of VAT collection, distribution, and audit of B-Trac Technologies Ltd.
title_short Analysis of VAT collection, distribution, and audit of B-Trac Technologies Ltd.
title_full Analysis of VAT collection, distribution, and audit of B-Trac Technologies Ltd.
title_fullStr Analysis of VAT collection, distribution, and audit of B-Trac Technologies Ltd.
title_full_unstemmed Analysis of VAT collection, distribution, and audit of B-Trac Technologies Ltd.
title_sort analysis of vat collection, distribution, and audit of b-trac technologies ltd.
publisher Brac University
publishDate 2024
url http://hdl.handle.net/10361/23533
work_keys_str_mv AT rashedsayedraheduzzaman analysisofvatcollectiondistributionandauditofbtractechnologiesltd
_version_ 1814308646842007552