Ripon Chandra Bhowmik

Divisional Head, Taxes and Finance

Mr. Ripon Chandra Bhowmik, Advocate Supreme Court of Bangladesh is a dynamic legal professional with over nineteen years of experience working in the Taxes and Finance sector of Bangladesh, specializing in Taxation, Finance, Audit, Income Tax, VAT, Customs related matters, statutory – regulatory compliances and handling legal disputes arising thereof. Throughout his expansive career, he has worked with various reputed multinational companies and organizations in Bangladesh, including but not limited to Christian Aid, Helvetas Bangladesh, etc.

Mr. Bhowmik leads our Taxes and Finance Division comprising of Taxes and Finance departments, which is ranked under Corporate & Finance by Chambers and Partners 2023 Asia Pacific Guide.  The editorial says: “The practice is additionally recognised in areas such as business formation, M&A and employment matters, alongside energy, infrastructure and real estate matters. Advocates at the firm are knowledgeable on restructuring and insolvency procedures. Notable clients advised by the firm include the likes of Bangladesh Garment Manufacturers and Exporters Association…”

Mr. Bhowmik is an Advocate of the Supreme Court of Bangladesh. He has altogether nineteen years of background working in the field of corporate Taxes and Finance, including ten years of working as senior management of Accounts and Finance departments in leading companies.

Over the span of his illustrious career, Mr. Bhowmik has worked with several MNCs and organizations within the capital city of Dhaka as a senior member of their Accounts, Audit, and Finance Department which progressively allowed him to be at the forefront of understanding and handling (on ground level) the complex taxation regime, for both direct and indirect taxes, and other fiscal matters in Bangladesh.

Despite being a new addition to the Firm, Mr. Bhowmik, due to his diversified work experiences both as a legal professional and a veteran in the Taxes and Finance sector in Bangladesh, leads the Taxes and Finance Division. 

Organization Plan

The Divisional Head is a partner level position at Rahman’s Chambers. The person is responsible for the work of the entire Division he/she leads. Depending on the expertise he/she has, the person may be a senior member/member of one/more department under different division.  

Taxes and Finance

Taxes and Finance

  • Acted as Counsel, filed cases and defended clients interest before the Honble Artha Rin Court involving calculation of interest, payment adjustment, excessive claim by bank, etc. and also secured moratorium and/or payment by installment allowing the client to deal with the insolvency situation.
  • Handled several litigations for and against Bank/NBFI(s) in Artha Rin Adalat (Loan recovery), magistrate court (cheque dishonor) executions cases, involving issuance of warrant and attachments of assets. Also handled several writ/revision for and against Bank/NBFI in high court arising from Arhta Rin Adalat order, magistrate court order, artha rin execution order.
  • Advised Clients during his long experience of working on banking matters including loan security documentation works like verification of Property Documents, search in sub-registry and joint-stock, drafting Mortgage deeds, negative mortgage, Bank Guarantee, Power of Attorneys, revocation of power, Deed of Redemption, letter of Hypothecation, deed of Floating Charges, satisfaction, modification of charges, etc. and also various lending agreements e.g. term loan agreement, lease agreement, etc.
Income Tax
  • Assisting our client, Larsen & Toubro (L&T), in resolving disputes involving the imposition of a penalty of nearly USD $ 10,00,000 for the delay in filing tax returns involving its several project operations, relating to power plants, metro rail, etc., before taxation tribunals.
  • Handled disputes involving rejection of trading account transactions and imposition of fictitious profit.


  • Successfully defended our client before the VAT Appeal Tribunal in a matter involving a dispute relating to the calculation of VAT arising from maintaining more than one distribution center.
  • Handled disputes involving input VAT and mismatching with an inventory list and related non-declaration, imposition of penalty, etc.
  • Successfully challenged and resolved VAT claims through ADR at the Appellate tribunal stage involving the destruction of raw materials for Grameen Danone Foods Ltd.
  • Concluded a hearing before Hon’ble Mr. Justice Syed Refaat Ahmed and Hon’ble Mr. Justice Sashanka Shekhar Sarkar, on complex issues involving legal interpretation of GRI, World customs laws, NBR orders involving HS code classification of a new AI-based data processing machine for an RMG (dyeing) manufacturing unit. The judgment passed by the Hon’ble Court is a landmark because it affirmed for the very first time in our jurisdiction a set procedure to be followed by customs while determining the HS code of imported goods. This will certainly reduce arbitrary determinations as often applied by junior officers of customs. We represented a leading MNC in the RMG sector.
  • We regularly handle HS codes related disputes for several companies including MNCs including Signify in different forum i.e. customs appeal, appellate tribunals, and High court.








  • MPA (Master of Public Affairs), on HRM, University of Dhaka (2017)
  • LLB (Hons), National University, Bangladesh (2007)
  • PGDM (Post Graduate Diploma in Management), Open University (2006)
  • M.Com (Masters in Commerce), Comilla Victoria College, (1998)
  • B.Com (Bachelors in Commerce), Comilla Victoria College, (1997)

Legal Qualification

  • Advocate, Supreme Court of Bangladesh (2022)
  • Advocate, District Court of Bangladesh (2009)
  • Member of “The Dhaka Taxes Bar Association” (2010)
  • Member of “The Bangladesh VAT Professional Forum” (2015)

Recognition and Award

  • To be updated.

Employment History

  • Divisional Head, Taxes and Finance Division, Rahmans Chambers (2024 – ongoing)
  • Sr. Manager (Audit, VAT & TAX) KAZI ZAHIR KHAN & CO. (2023-24)
  • Sr. Finance and Service Manager Helvetas Bangladesh (2022-23)
  • Sr. Advisor (Finance & Operations) Drik Picture Library Ltd. (2021)
  • Finance & Administration Manager British Council (2020-21)
  • Operations Manager Plan International (2018-20)
  • Country Finance Manager Christian Aid (2015-18)
  • National Finance Manager Terre des homes (2012-15)
  • Finance Officer United Purposes (2011-12)
  • Finance Officer United Purposes (2006-08)
  • Executive Accounts & Finance Uttara Motors Ltd (2003-06)
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