March 23, 2018

Bangladesh: DPDT imposes 15% VAT over Govt. Fees on all IP Matters

dpdt-bangladesh.JPG

Source: www.dpdt.gov.bd


The Department of Patents, Designs and Trademarks, Bangladesh (hereinafter referred to as “DPDT, Bangladesh”) vide an official notification dated March 12, 2018, has imposed 15% Value Added Tax (hereinafter referred to as “VAT”) under local VAT Rules (Rule 18(e) of Value Added Tax Rules, 1991) over Government Fees i.e. official fees, on all Intellectual Property matters in Bangladesh.

DPDT, Bangladesh vide such order has imposed 15% VAT on the total amount of money received from beneficiary for proceedings relating to the registration/renewal of Patents, Designs and Trademarks in Bangladesh. The Official Notification of the DPDT can be accessed over here.

In Bangladesh, protection of industrial property comes under the purview of Ministry of Industries. On behalf of the Ministry of Industries the DPDT administers all the activities relating to industrial property.

For more information please write to us at : info@ssrana.com  


facebook.jpg tweet.jpg linkedin.jpg