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Httpool, Facebook's partner in BD pays Tk 17m in VAT, fines

September 25, 2020 00:00:00

Httpool, the sales partner of social media titan Facebook in Bangladesh, has paid over Tk 17 million in VAT and fines for dues on being sued by the National Board of Revenue, reports bdnews24.com.

The VAT Audit, Intelligence and Investigation Directorate of the NBR has also dropped the lawsuit against Httpool after it paid the money.

It paid over Tk 9.1 million in VAT against Tk 62.3 million ad revenue in August, the head of the directorate, Moinul Khan, said on Wednesday.

Httpool also paid over Tk 7.76 million in VAT and Tk 155,000 in fines after the directorate started the case against the firm on charges evading taxes on Aug 13.

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