Ensuring proper valuation of imports at ports, mainly at premier seaport Chattogram, could significantly boost government revenues and help achieve an ambitious Tk 6.0-trillion revenue target for this fiscal year.
Newly appointed National Board of Revenue (NBR) Chairman Ahsan Habib has made such optimistic remark after having spotted this long-suspected revenue-leaking hole..
He said customs, VAT and income-tax wings of the revenue board must work in close coordination as a single team to minimise tax evasion and improve revenue collection.
"If accurate valuation of containers arriving at Chattogram Port can be ensured, it will bring a major improvement in revenue collection," he said while addressing officials at the NBR headquarters on Sunday.
The NBR chief urged officials to treat the institution's goals as their own and work with sincerity and commitment.
He mentioned a roadmap already prepared to mobilise Tk 6.0 trillion in revenue during FY2026-27. The target could be achieved through teamwork, reducing revenue evasion and improving administrative efficiency, he asserts. .
Mr Habib also stressed the need to expedite bond-related work, strengthen VAT audits and dispose of pending tax cases in the High Court to unlock additional revenues.
He asked officials not to keep files pending unnecessarily and to ensure faster case disposal, saying that efficient processing of cases would directly contribute to higher revenue receipts.
The NBR chairman has also advised officials to devote at least five hours of focused work during office hours to improve overall productivity and service delivery.
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