PrismVAT, developed by Divine IT Limited is an NBR recognized and approved VAT Management Software fully compliant with VAT Act 2012. The web-based application suits all types of manufacturing, trading and service conglomerates in Bangladesh.

PrismVAT takes full account of the related business of Value Added Tax and manages purchase account book, price declaration, VAT invoice, certificate of tax deduction at source, turnover VAT invoice, application of supplementary duty combination, etc. The software can print all Mushak Reports from the system automatically and further submit the same to the NBR. It will also help company owners to easily determine the correct prices of the finished products after including VAT.

The NBR approved software will properly calculate VAT during transactions enabling NBR and the concerned companies to oversee the actual VAT on products and services. PrismVAT can work as an independent application as well as can be integrated with PrismERP or any 3rd party application.