NBR detects Tk 3.28cr VAT evasion by Dhamrai electronics maker
Dhaka, Sept. 20 -- The Customs, Excise and VAT Commissionerate, Dhaka (West) has detected Tk 3.28 crore in VAT evasion by Xinlian Electronics Technology Bangladesh Co Ltd, an electronics manufacturer in Dhamrai.
Following a tip-off, a preventive team conducted a raid at the company's facility in Nabagram, Dhamrai, on Sept 17, according to a press release.
The company, registered as a lithium battery manufacturer, was found to have been preparing locally manufactured batteries and keeping imported mobile chargers, branded headphones and Bluetooth headphones for supply.
A review of the seized documents found that the company had concealed sales worth Tk 14,56,18,507, resulting in VAT evasion of Tk 1,89,85,892, the commissionerate said.
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