Term Paper Part 1

Letter of Transmittal Date: July 1, 2009,

Md. Saiful Alam Lecturer Department of Accounting & Information Systems Faculty of Business Studies University of Dhaka

Subject: Submission of a report of VAT systems of Binding Firms Sir, I submit my report entitled "VAT Systems on Binding Firm" that is prepared by me fully with the assistance of sample surveyed firms, many references books and web sites that you appointed earlier. This term paper contains a sort of information about the taxation on binding firm and how they are imposed tax. Though I have scrutinized the term paper, there might be some mistakes. So I apologize for the mistake if any.

Sincerely,

Md. Mokter Hossen Roll: 13146 Sec: B BBA-13th Batch Department of Accounting & Information Systems University of Dhaka

Abstract Binding firm is a sector of business that is engaged in binding the books, notebooks, calendar, exercise books, drawing paper etc, operated by small & medium entrepreneur. Binding firm is normally exempted from the taxation on charge of all types of bindings as mentioned in the VAT act and also mentioned in SRO. Fazlul Book Binding and

Anik Group Binding are engaged in such type of activities. They do not pay any VAT to the VAT registration office but they pay VAT at source in purchasing any raw materials or other materials. In preparing these report they made a great cooperation but they did not provide any sufficient information because they do not have any. But they tried to cooperate me as possible. I am really grateful to them.

ACKNOWLEDGEMENT

All the credit goes to nobody except Allah because without his grace I could not be able to complete the term paper. I have utmost tied my best to succeed this job. I have used several references books (authors and their respective books names are included in the references) and external sources that helped me to complete the report. At first I would like to thank my course teacher who has appointed me for this job. I would also like thank Fazlul Book Binding & Anik Group Binding for giving me a sort of information about their organization. I would like to thanks our librarian and several web sites such as Google, Yahoo for helping me to search different topics of the term paper. The references books were also unavoidable sources which have been used largely to complete this term paper.

Name of the surveyed organization:

1. FAZLUL BOOK BINDING Mr. Fazlul Haque 2 No. Sreedas Lane,Bangla Bazar Dhaka-1100 2.

ANIK GROUP BINDING Mr. Anik Khandokar 2 No. sreedas lane, Bangla Bazar Dhaka-1100

Table of Contents:

SL No.

Particulars

Page No.

01.

Background of the study

01 01

02.

Description of the problem 02

03.

Objective of the study 03

04.

Overview of the sample firm 04

05.

Findings of the study

06.

Conclusion

05

07.

References

06