GP pays Tk 1 billion to NBR as unpaid VAT

Bangla Tribune Desk
Published : 17:35, Dec 04, 2019 | Updated : 17:38, Dec 04, 2019

Owned by Norway-based Telenor, Grameenphone is the largest operator in Bangladesh.Mobile phone operator Grameenphone (GP) has paid Tk 1 billion to the National Board of Revenue (NBR) as unpaid Value Added Tax (VAT) following a long dispute.
GP deposited the money last week as a part of the Tk 7 billion in unpaid VAT, which was revealed in an audit by the NBR, reports BSS.
A senior official of the NBR's Large Taxpayer Unit (LTU) said GP did not deposit the VAT amount during their payment to different organizations against receiving services.
“Now, a portion of the total unpaid VAT amount was deposited by GP after the audit claim,” he told the state news agency.
The official, however, said GP raised a few observations regarding the audit although they paid Tk 1 billion as unpaid VAT.
Meanwhile, NBR has formed a committee led by an additional commissioner of LTU to scrutinise the GP’s observations.
“The committee would revise the audit report if any accuracy of the GP’s observations is found,” the BSS report quoted the senior NBR official.
According to NBR officials, the law requires organisations to pay 15 percent VAT while paying for service received, but GP did not pay any VAT for four years since 2015.