97pc VAT registered traders file returns online in Cumilla

Staff Correspondent | Published: 22:39, Feb 19,2021

 
 

Customs, Excise and VAT Commissionerate, Cumilla of the National Revenue Board retained its top position for the sixth month in a row among 12 commissionerates in filing of value-added tax returns online as 97.09 per cent of registered traders under the Cumilla commissionerate submitted their returns online in January.

Out of 9,860 business identification number holders under the Cumilla commissionerate, 9,573 traders filed their VAT returns online, the commissionerate said in a press release issued on Friday.

Another 30 businesses filed their returns manually, it said.

Jashore VAT commissionerate came in second with 94.75 per cent online returns filed electronically followed by the Rangpur commissionerate with 85.43 per cent and the Sylhet commissionerate with 78.49 per cent returns filed online in the month.

A total of 98,225 businesses, 41.25 per cent of 2,38,093 BIN holders in the country, submitted their VAT returns online in the month.

Most of the traders based in Dhaka filed their returns manually.

Only 12.45 per cent VAT registered traders under the Dhaka South VAT commissionerate filed their returns  online. The rate is 13.49 per cent for Dhaka North, 26.98 per cent for Dhaka West and 42.36 per cent for Dhaka East.

Cumilla VAT commissioner Belal Hossain Chowdhury said that the success was a result of team work and cooperation from the traders.

The commissionerate along with other field offices of the revenue board is working towards attaining success in automating the VAT system, he said.

The commissionerate has taken a number of steps, including personal communication with traders, campaigns, counseling and setting up of help desks, to encourage the traders to file their VAT returns online, he added.

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