Calculation of Total Tax Incidence (TTI) for Import TTI

AV

= CD + RD + SDI + VATI + AIT + ATVI

= (Invoice value X 1.01) X 1.01 = 100 X 1.0201 = 102.01 = {(AV + CD + RD) X SD / 100} = {(AV + CD + RD + SDI) X VAT / 100} = [{(AV + CD + SDI) X 1.15} X ATV / 100]

SDI VATI ATVI

Notes and Abbreviation: AIT ATV ATVI AV CD RD SD SDI VAT VATI = Advance Income Tax = Advanced Trade Vat (rate) = ATV incidence = Assessable Value (base value to calculate all duties and taxes; conversion of CIF or CRF value into Taka) = Custom Duty (rate) = Regulatory Duty (rate) = Supplementary Duty (rate) = SD incidence = Value Added Tax (rate) = VAT incidence