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NBR and BTRC Dispute Over VAT Audit of Telecom Operators Continues Unresolved

  • NBR and BTRC are in conflict over VAT audits for telecom operators.
  • VAT department requested documents from BTRC on VAT deductions.
  • BTRC is hesitant to provide the requested documents.
  • VAT law allows audits of various entities including government and private companies.
  • VAT audit directorate expects cooperation from BTRC.
  • BTRC conducts audits through chartered accountants and comptroller and auditor general.
  • BTRC unclear on document requirements from VAT authorities.
  • VAT wing requested documents or exemption proof from BTRC within 15 days.
  • VAT audit wing can confiscate documents for non-compliance.
  • BTRC deducts 15 percent VAT from cell phone operators.
  • VAT wing prefers mutual understanding over conflict.
  • BTRC claims regular audits by chartered accountants and comptroller and auditor general.
  • BTRC argues VAT law sections do not apply to them.
  • VAT directorate seeks cooperation for auditing responsibilities.

Source: today.thefinancialexpress.com.bd

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



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