Business

Advertisement

 

E-pay of duties above Tk 2 lakh mandatory from July: NBR chief

Staff Correspondent | Published: 22:53, Jan 26,2021

 
 

Traders will have to pay customs duties and taxes worth more than Tk 2 lakh online from July 1 as the National Board of Revenue is going to make it mandatory, NBR chairman Abu Hena Md Rahmatul Muneem said on Tuesday.

He said that the tax authorities had already completed the automation process and the road map for implementation of the customs e-payment system.

He made the comment at a seminar organised on the occasion of International Customs Day held at the NBR headquarters in Dhaka.

Finance minister AHM Mustafa Kamal spoke the programme virtually.

Kamal instructed the revenue board to assess the monetary value of tax waivers given to various public sector entities in a bid to obtain the actual picture of the country’s tax-GDP ratio.

He also asked to NBR to expedite the purchase and installation process of scanners at the ports to prevent mis-declaration of import-export goods.

Currently, the customs owns 10 scanners and another 13 scanners will be brought, he said.

Kamal said that the NBR was the main force behind the budget implementation and the revenue board would have to work hard to provide the required revenue to the government.

Customs officials will have to remain cautious so that businesses do not feel harassed, he added.

Officials of the revenue board said that initially, electronic payment of customs duty and other taxes of any amount would be made mandatory for imports and exports conducted through the customs house of the Inland Container Depot at Kamalapur in Dhaka from April 2021.

Gradually, manual payment of the customs duty will be phased out by December 2021 to be replaced with the mandatory e-payment irrespective of the amount of customs duty from January 1, 2022, they said.

At Tuesday’s programme, the NBR awarded 17 customs officials and three organisations with the World Customs Organisation Certificate of Merit for their contributions towards keeping exportimport activities and the supply chain normal.

Seven officials, who had died of the coronavirus, were awarded the certificate posthumously. They are  revenue officers Md Idris Ali Mandol, Md Khorshed Alam, Rahmat Ali, Jasim Uddin Majumdar, Anwar Jabed and Mohammad Kaikobad Sukani, and assistant revenue officer Md Kabir Hossain Sikder.

The other recipients include VAT Online Project director Kazi Mostafizur Rahman, Dhaka Customs House commissioner Md Moazzem Hossain, Customs Intelligence and Investigation Directorate additional director general Mohammad Neazur Rahman, NBR first secretary (customs policy) AKM Nurul Huda Azad, NBR senior system analyst AKM Zahid Hossain, Dhaka North Customs, Excise and VAT Commissionerate deputy commissioner Abilin Sangma, Sylhet Customs, Excise and VAT Commissionerate revenue officer Md Samsad Hossain, Dhaka Customs House assistant revenue officer Md Shafiqul Islam, ICD Customs House assistant revenue officer Yeakut Zahid and Chattogram Customs House assistant revenue officer Atikur Rahman.

The Dhaka Customs House, the Chattogram Customs House and Bangladesh Medical Association also received the award.

Federation of Bangladesh Chambers of Commerce and Industry president Sheikh Fazle Fahim, among others, spoke at the programme.

More about:

Want stories like this in your inbox?

Sign up to exclusive daily email

Advertisement

 

Advertisement

images