Bangladesh
Asia
Is there a legal regulation in Bangladesh on the validity period of Giftcards?
Bangladesh has no specific legal rules on Giftcard validity. Under general civil law, contractual claims typically become time-barred after three years. Providers may set individual validity periods as long as they are communicated transparently.
Which consumer rights apply in Bangladesh regarding expired Giftcards?
There are no specific consumer rights for expired Giftcards. Providers must supply clear information on validity and terms of use. Missing information can be treated as an unfair commercial practice.
What special rules apply in Bangladesh for the sale, issuance, or redemption of Giftcards?
In Bangladesh, Giftcards are increasingly issued by major retailers and mobile operators. Digital Giftcards must be registered under the 2018 e-commerce policy and are overseen by the Digital Commerce Cell.
How are Giftcards treated for tax purposes in Bangladesh (VAT, single-purpose / multi-purpose)?
Giftcards are subject to VAT, which is charged upon redemption. There is no distinction between single-purpose and multi-purpose Giftcards. Treatment follows the definition of advance payments under national tax law.