A cumulative amount of VAT collected from consumers but not deposited with the exchequer has ballooned to Tk 243.76 billion, with a government-owned corporate holding back a king’s ransom.
The revenue board’s effort to realise arrears in value-added tax (VAT) from the state-owned Petrobangla has not progressed in the last seven years for inaction on part of the Ministry of Finance in this regard, official sources said.
Source: today.thefinancialexpress.com.bd
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