The High Court yesterday asked the National Board of Revenue (NBR) to provide all income tax related documents of Bangladeshi freight forwarding company GBX Logistics Limited by October 14.
The bench of Justice Farah Mahbub and Justice SM Moniruzzaman sought the documents on hearing a writ petition.
According to the writ, a recent newspaper report claimed that GBX Logistics Ltd filed their income tax return citing Tk 12.12 crore as income tax. However, an NBR investigation found Tk 366.643 crore to the company’s income for the respective year, and as per the income, the annual income tax is Tk 56.438 crore.
GBX Logistics Managing Director Ahmed Yusuf Walid had expressed his suspicion that some of their business rivals were behind the writ petition.
GBX Logistics provides importers and exporters a number of services, including booking cargo space on ships and airlines, for commission.