Tiles, sanitary traders demand reform in VAT law

Staff Correspondent | Published: 00:40, Jan 18,2021

 
 

Tiles and sanitary traders form a human chain at Hatirpool in Dhaka on Sunday to demand reforms in the value-added tax law and to protest against harassment by VAT officials. — New Age photo

Tiles and sanitary traders on Sunday formed human chains in Dhaka to demand reforms in the value-added tax law and to protest against harassment by VAT officials.

Traders under the banner of VAT Aggression Prevention Forum placed a seven-point demand, including adjustment of the VAT rate at the production and import stages and introduction of package VAT for the sector, at human chains formed at Hatirpool and other places in Dhaka.

Forum convener MU Golum Rosul Belal said that it was not possible for traders to collect 5 per cent VAT from customers unless all shops were brought under the tax net.

NBR’s preventive teams of the customs, excise and VAT divisions across the country have been conducting sudden drives, seizing documents and claiming huge amounts of VAT from tiles and sanitary traders, causing unnecessary harassment, he claimed.

He said that implementation of the demands would boost revenue collection and reduce harassment for traders.

The other demands included stopping of harassments, removing complexities in the VAT law, setting VAT rates based on the nature of business, returning seized documents and stopping drives on business premises.

Forum member secretary Mohammad Zakir Hossain and other traders also attended the programme.

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