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NBR plans coordinated efforts to resolve pending tax cases

  • Published at 07:02 pm November 16th, 2015
NBR plans coordinated efforts to resolve pending tax cases

The National Board of Revenue plans to work together with  stakeholders to settle legal cases  involving around Tk31,000 crore revenues.

As part of efforts, the NBR will hold a seminar today on the revenue suit management and alternative dispute resolution.

Officias said the seminar would focus on procedural matters of the cases pending and effectiveness of the ADR.

About 600 representatives from different trade bodies, associations, business groups, government and private offices are going to take part in the seminar.

Chief Justice Surendra Kumar Sinha is expected to attend the event as chief guest while Finance Minister AMA Muhith, State Minister for Finance MA Mannan, Attorney General Mahbubey Alam and Federation of Bangladesh Chambers of Commerce and Industry President Abdul Matlub Ahmad will be present as special guests.

Currently, a total of 24,572 cases are pending with the Supreme Court, which involve an amount of Tk30,947 crore revenues in income tax, customs duty and value added tax.

The VAT-related cases pending with the court involve about Tk17,939 crore, the highest amount of others. The customs-related cases are the highest in number – 17,470.

NBR officials said the board has taken long-term and short-term strategies including monitoring and coordinated efforts with stakeholders for speedy disposal of the cases.

The NBR hopes that the coordinated efforts by attorney general office, office of the registrar general, solicitor’s office and NBR with its three wings can help ease the backlog of cases involving the businesses with the process.

Earlier, the NBR held a meeting with attorney general where they had talked about formation of a three-member core working group. The member will be from attorney general office and NBR, and the group will work to implement judicial guidance compilation.

The tax authorities in 2012 introduced ADR, a mechanism to resolve the tax-related disputes and ensure a win-win situation for both the NBR and taxpayers.

However, the mechanism is yet to get momentum as only a few taxpayers have adopted it. There is a lack of awareness among taxpayers about the system.

According to the system, a panel of facilitators will assist both taxpayers and revenue officials to resolve disputes within two months of filing applications.

The NBR has recently instructed all its field offices to motivate taxpayers, mainly businesses to adopt the process. It also published a number of advertisements in the newspapers to make people aware about the matter.