The Finance Minister said that VAT will not reduced on Private University

1439542067The finance minister said, “The continuous movement will not be able to reduce VAT imposed on private universities.” He told reporters at a function at Bagbari in Sylhet Friday.When asked about the withdrawal of the VAT division of the National Mourning Day on Friday, finance minister, said the movement does not have my support. 50 thousand, 30 thousand rupees to pay. Why only six to seven per cent VAT will not do?

The budget for the current fiscal year private universities, medical and engineering colleges, tuition fees at 7 percent VAT imposed on the government. National Board of Revenue issued an order on July 4.

Since then, the students of these institutions to demand the withdrawal of the VAT-buildup has been observed in a variety of programs.