In a dispute over value-added tax (VAT) payment, Bangladesh’s two government agencies, the Bangladesh Telecommunication Regulatory Commission (BTRC) and the National Board of Revenue (NBR), find themselves at odds regarding Robi Axiata Ltd. The telecom company, formed through the merger of Robi Axiata Ltd and Airtel Bangladesh in 2017, provided a conditional bank guarantee of Tk 471 crore to BTRC as the merger fee, which also included VAT of Tk 70.65 crore payable to NBR. However, due to unfulfilled conditions, BTRC was unable to encash the cheque provided by the bank. Recent developments suggest that the conditions have now been met, including the payment of VAT by Grameenphone Ltd and Banglalink Digital Communication Ltd. Nevertheless, BTRC has yet to pay NBR the deducted VAT amount, leading to ongoing tensions between the agencies. The call for payment in the upcoming fiscal year further intensifies the issue, with NBR emphasizing the need for a collaborative approach from BTRC.
Government Agencies Clash Over Robi Axiata’s VAT
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