Scrap vessel importers pay Tk 52.5m revenue at joint forces' initiative
Our Correspondent | Monday, 9 June 2008
CHITTAGONG, June 8: Four scrap vessel-importing organisations paid duty amounting to Tk 52.5 million to the Chittagong Customs House (CCH) authority Thursday following settlement of five writ cases at the initiative of the Joint Forces.
The importers who paid the revenue are Jiri Subedar Steel Re-rolling Mill, Diamond Steel, Habib Steel and Z Enterprise.
The cases had been lying hanging for long filed with the court for the settlement of the duty and tax-related complications.
Tk 102.5 million has so far been realised from the scrap vessels importers at the initiatives of the joint forces for settling the writ cases through discussion.
Another big amount of duty has been lying unpaid against other four writ cases. However, concerned importers have made positive response for making payment of the above duty by the next week, sources said.
Sources said, the importers raised objection on taxation of the furniture, electronic goods and other paraphernalia of scrap vessels and filed writ cases with the court, seeking verdict.
As the judgement was not passed even after a long time, the government was deprived of realising a big amount of revenue.
While the joint forces undertook the initiatives of realising the revenue from the importers through discussion, importers also responded favourably and started to pay their taxes.
The importers who paid the revenue are Jiri Subedar Steel Re-rolling Mill, Diamond Steel, Habib Steel and Z Enterprise.
The cases had been lying hanging for long filed with the court for the settlement of the duty and tax-related complications.
Tk 102.5 million has so far been realised from the scrap vessels importers at the initiatives of the joint forces for settling the writ cases through discussion.
Another big amount of duty has been lying unpaid against other four writ cases. However, concerned importers have made positive response for making payment of the above duty by the next week, sources said.
Sources said, the importers raised objection on taxation of the furniture, electronic goods and other paraphernalia of scrap vessels and filed writ cases with the court, seeking verdict.
As the judgement was not passed even after a long time, the government was deprived of realising a big amount of revenue.
While the joint forces undertook the initiatives of realising the revenue from the importers through discussion, importers also responded favourably and started to pay their taxes.