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Accolades for VAT compliance Star Business Report Star Business Report
The National Board of Revenue (NBR) yesterday honoured companies which deposited the highest amount of VAT paid by consumers to the state coffer in fiscal 2018-19 to recognise their exemplary compliance.
Nine of the awardees topped the national roll while 131 were of their respective district, all listed under manufacturing, trade and service categories. This is a moment to rejoice. We are thankful to you for honouring us, Rupali Chowdhury, managing director of Berger Paints Bangladesh, told the NBR officials at a seminar and awards ceremony at the NBR headquarters.
The NBR organised the event to mark VAT Day and VAT week as a part of its initiative to create awareness on paying the indirect tax and helping the state finance development activities and national budget while cutting dependence on domestic and foreign loans.