Steps taken to dispose of cases to realise Tk 65b revenue
Saturday, 25 July 2009
The government has taken initiatives to realise about Tk 65 billion revenue, which remains unpaid by various organisations, from income tax, value added tax (VAT) and import duty due to cases at the higher court, reports BSS.
Additional Attorney General MK Rahman told the news agency that a request was made to the Chief Justice for forming necessary benches for speedy disposal of these cases on the basis of the recommendations of the government.
Earlier, the law ministry advised the office of the Attorney General (AG) for taking necessary measures for speedy resolution of these cases and based on this, the AG Office took the necessary initiatives.
He said the hearing of these cases and their resolutions were being done at three benches at present and some other benches had also the jurisdiction of disposal of the cases. Lawyers and law officers experienced with revenue issues had been given the responsibilities for handling these cases.
The resolutions of these cases were essential for realising the huge amount of government money, he said adding that 16,000 cases were under trial.
Of the total cases, Tk 17 billion revenue remained unpaid against 1,500 income tax related cases, Tk 30 billion against 2,000 VAT related cases and Tk 17 billion against 12,000 import duty related cases, he said.
National Board of Revenue (NBR) was providing assistance to the AG Office in conducting the cases, he said adding the NBR had already prepared a list of tax and VAT default companies.
These companies are AB Vegetable Oil Industries, Korean company Samhoan Corporation, Media World, Inspector Bangladesh Ltd, EBL, BRAC, Prime Fisheries, Grameen Bank, Pioneer Apparels, Bengal Development Corporation, Eastern Housing and City Group.
Besides, more companies are involved in these cases. They are Nestle BD Ltd, Navana Industries Ltd, Quader Textile, Monwara Textile, Bangladesh House Building and Finance Corporation, Chittagong Jute Manufacturing Company, Jalalabad Gas Transmission and Distribution System Ltd, Eastern Bank, Royal Cement, BD Foods Ltd and Bengal Fine Ceramics Ltd.
Additional Attorney General MK Rahman told the news agency that a request was made to the Chief Justice for forming necessary benches for speedy disposal of these cases on the basis of the recommendations of the government.
Earlier, the law ministry advised the office of the Attorney General (AG) for taking necessary measures for speedy resolution of these cases and based on this, the AG Office took the necessary initiatives.
He said the hearing of these cases and their resolutions were being done at three benches at present and some other benches had also the jurisdiction of disposal of the cases. Lawyers and law officers experienced with revenue issues had been given the responsibilities for handling these cases.
The resolutions of these cases were essential for realising the huge amount of government money, he said adding that 16,000 cases were under trial.
Of the total cases, Tk 17 billion revenue remained unpaid against 1,500 income tax related cases, Tk 30 billion against 2,000 VAT related cases and Tk 17 billion against 12,000 import duty related cases, he said.
National Board of Revenue (NBR) was providing assistance to the AG Office in conducting the cases, he said adding the NBR had already prepared a list of tax and VAT default companies.
These companies are AB Vegetable Oil Industries, Korean company Samhoan Corporation, Media World, Inspector Bangladesh Ltd, EBL, BRAC, Prime Fisheries, Grameen Bank, Pioneer Apparels, Bengal Development Corporation, Eastern Housing and City Group.
Besides, more companies are involved in these cases. They are Nestle BD Ltd, Navana Industries Ltd, Quader Textile, Monwara Textile, Bangladesh House Building and Finance Corporation, Chittagong Jute Manufacturing Company, Jalalabad Gas Transmission and Distribution System Ltd, Eastern Bank, Royal Cement, BD Foods Ltd and Bengal Fine Ceramics Ltd.