Overall revenue collection from mobile phone companies dropped by Tk 13.73 crore in the first five months of the current fiscal year compared with that of the same months of the last fiscal year due mainly to fall in sales of new SIM cards in the period, according to National Board of Revenue.
Even an increase of 13.54 lakh in new SIM (subscriber identity module) sales and a rise of 20 lakh in replacement of SIMs in November alone could not offset the deficit made in the previous four months.
The NBR received Tk 1,653.54 crore in value-added tax and supplementary duty from five mobile phone operators, except Citycell, in July-November of the current FY 2016-2017 which was Tk 1,667.27 crore in the same months of the last FY 2015-2016, NBR data showed.
Fall in new mobile connection affected the overall revenue collection from the sector in the period despite an increase in the rate of supplementary duty on mobile services including voice services using SIM and RUIM cards, officials of the NBR said.
New SIM connections of Grameenphone, Robi, Banglalink, Airtel and Teletalk dropped by 24,13,492 in July-November period of the current FY 2016-2017, they said.
A total of 1.72 lakh new SIMs were sold in five months of the current fiscal year against 1.96 lakh in the same period of last year, the data showed.
Replacement of existing SIMs, however, increased by 7.95 lakh in the period of the current fiscal year compared with that of the same months of last year.
In the last FY 2015-16, Large Taxpayers Unit (LTU-VAT) got Tk 3,717 crore from Grameenphone, Robi, Banglalink, Airtel, Citycell and Teletalk.
The collected amount was 12 per cent of the aggregate VAT collection of the LTU.
It is the third largest revenue earning sector of the unit.
According to the LTU data, revenue collection in the form of SD and VAT dropped by Tk 16.18 crore alone from new SIM connections and replacement sectors in July-November of the current fiscal year compared with that of the same period of last year.
In the current fiscal year, the government increased SD to 5 per cent on mobile services from 3 per cent.
SD collection in the months from mobile services including voice call, however, increased by 53.96 crore while VAT collection dropped by Tk 63.23 crore in the months leaving overall revenue collection fall by Tk 9.27 crore, the data showed.
Overall revenue collection dropped by Tk 25.45 crore from the sector but net revenue fall stood at Tk 13.73 crore after adjustment of source tax payment of Tk 11.72 crore by mobile operators in the months.
Officials of the NBR said that the shortfall in revenue collection from the sector narrowed in the period compared with that in the July-October period as the number of new SIM connections and replacement increased for the first time in November after fall in four consecutive months from July to October.
In November alone, sale of new SIM and replacement of existing ones increased by 33.54 lakh.
In July-October, revenue collection from the sectors dropped by Tk 38.75 crore.
They also said that the three mobile operators also paid Tk 163 crore in the last fiscal year for making appeal against a tax demand of the NBR which also widened the deficit.
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