Agent 1 — Watcher Output

Regulatory Change Watcher

Diffing fixture regulation pair (`regulation_before.txt` vs `regulation_after.txt`)

Cryptographic Regulation Text Diff

Before — 2024 SRO Editionregulation_before.txt

National Board of Revenue (NBR) Value Added Tax (VAT) SRO Clause 4.2 (2024 Edition):

1. General Obligations:
All registered taxable entities operating in Bangladesh shall prepare and file their monthly VAT returns (Form Mushak-9.1) within thirty (30) calendar days following the conclusion of each monthly tax period.

2. Delegation of Responsibility:
General finance and accounting department staff are authorized to assemble, review, and submit the return documentation on behalf of the registered business entity. No individual designation is mandated.

After — 2025 Revised Editionregulation_after.txt

National Board of Revenue (NBR) Value Added Tax (VAT) SRO Clause 4.2 (2025 Revised Edition):

1. Filing Deadlines:
All registered taxable entities operating in Bangladesh shall prepare and file their monthly VAT returns (Form Mushak-9.1) within fifteen (15) calendar days following the conclusion of each monthly tax period.

2. Mandatory Designated Officer:
Every taxable entity must formally designate a named, certified VAT Filing Officer who bears primary legal responsibility for monthly VAT compliance, return verification, and digital signature submission.

3. Non-Compliance Penalties:
Failure to submit Form Mushak-9.1 within the mandatory 15-calendar-day window by the designated VAT Filing Officer shall trigger an automated non-compliance penalty of BDT 10,000 per day of delay.