The demand for the implementation of the new VAT Act in 2019

The chairman of the organization demanded a press conference organized by the Dhaka Reporters Unity (DRU) on Wednesday. Helal Uddin said VAT revenues under the new law are totally technology based. The law requires two lakh ECR machines to implement. However, no government and private agencies have planned to import this machine. On July 1, only 22 days left. It is not possible to implement the law during this time. So the new VAT Act will be implemented in the next year 2019.Helal Uddin said, there is a recession in business and business. Traders are skeptical about new VAT law New investors are not coming to the business. In this situation, if the law is implemented, the overall economy can have a very negative impact. Many small and medium businesses will leave the business. This will create extreme economic stability.