, Nov. 2 -- The National Board of Revenue (NBR) has detected revenue evasion worth Tk 102.57 crore by two export-oriented garment manufacturers through alleged misuse of bonded warehouse facilities, including illegal removal and sale of duty-free imported fabrics in the domestic market.

The NBR's Central Intelligence Cell (CIC) found revenue evasion of Tk94.73 crore by Riyaz Knitwear Ltd and Tk7.83 crore by Lisha Tex (Pvt.) Ltd following separate investigations into their activities.

According to NBR data released on Monday, the two companies allegedly removed imported fabrics from their bonded warehouses and sold them in the local market, while also understating export values and evading value-added tax (VAT).

The total detected reven...