• Wednesday, Sep 19, 2018
  • Last Update : 02:31 pm

SC disposes of NBR’s decision to freeze Robi accounts

  • Published at 05:03 pm March 4th, 2018
SC disposes of NBR’s decision to freeze Robi accounts
The Supreme Court has disposed of the decision of the National Board of Revenue (NBR) to freeze all the bank accounts of mobile phone operator Robi on charge of dodging Value Added Tax (VAT). A four-member Appellate Division bench, led by Chief Justice Syed Mahmud Hossain, passed the order on Sunday after Robi informed the court that they will pay the unpaid VAT. Attorney General Mahbubey Alam and Deputy Attorney General S M Moniruzzaman stood for the state. Deputy Attorney General S M Moniruzzaman said Robi informed the court that they will pay dues to NBR Sunday (today). Earlier on Thursday, the Appellate Division stayed for three days the High Court order that stayed the decision of the NBR to freeze all the bank accounts of mobile phone operator Robi on charge of dodging VAT.
Also Read- NBR orders banks to freeze Robi’s accounts
  On Wednesday, the NBR filed a petition challenging the High Court stay order. The High Court on Tuesday stayed the decision of the NBR. On February 26, the NBR directed all the commercial banks to freeze the bank accounts of Robi for the next three days saying the telecom operator evaded Tk18.72 crore VAT and Supplementary Duty (SD).
Also Read-HC stays NBR decision to freeze Robi’s accounts
  The Large Taxpayers Unit (LTU) under the VAT wing of the NBR sent letters to all the banks mentioning that the VAT on account of unpaid SD as per trial balance is worth Tk10,35,26,095, while VAT on space and establishment rent is worth Tk6,74, 83, 761, SD and VAT on less disclosed SIM (subscriber identity module) amounts to Tk8,1 06, 202 and unpaid VAT on inter-connection service charge of the Bangladesh Telecommunication Company Limited (BTCL) is Tk 8,171, 974.