Top Bangladesh VAT payers awarded

Dhaka, July 12, 2015: The National Board of Revenue (NBR) on Sunday awarded 119 top VAT (value added tax) paying companies and individuals for their outstanding contribution to the national exchequer.

Among the awarded 119 business organisations and individuals, the highest nine companies were awarded on national level while the rest 110 companies and individuals were honoured from district level for paying the highest amount of VAT during 2013-14 financial year (FY14).

The VAT payers on the national level and Dhaka division received the award at a function held at Bangabandhu International Conference Center, with Finance Minister Abul Maal Abdul Muhith as the chief guest.

Commerce Minister Tofail Ahmed, Finance Adviser to the Prime Minister Dr Mashiur Rahman, Chairman of the Parliamentary Standing Committee on Finance Ministry Dr Md. Abdur Razzak and President of the Federation of Chambers of Commerce and Industry (FBCCI), Abdul Matlub Ahmed, were present at the function.

The highest VAT-paying companies and the individuals were awarded crests and certificates under three categories - production, service and business.

The awardees will enjoy some privileges for the next one year, including priority while reserving seats in public transports and access to VIP lounges at the airports. Their spouses and children will also get the priority while reserving cabins in the public hospitals. The awardees will also be invited to national programmes, organised by the municipalities and city corporations.

Under the national category, Titash Gas Field (Brahmanbaria), Koilastila Gas Field (Sylhet) and Rashidpur Condensate Fractionate Plant (Habiganj) topped the list in production category while Rural Electrification Board (Joar Sahara, Dhaka), Chowdhury Tea Warehouse (Chittagong), and National Television Ltd (NTV) topped the list under service category.

Gallery Apex (Tongi), Aarong (Lalmatia, Dhaka) and Mostafa Mart Pvt. Limited (Bashundhara City) secured positions in the top three from the business category.

At the district level, 39 companies were honored under production category while 35 under services and 36 under business.

The VAT award winning companies from major districts includes Prome Agro Foods Ltd, Fibre at Home Ltd and Panna Distribution Ltd from Dhaka; Olympic Industries Ltd biscuit and confectionery unit, Meghna Energy Ltd and RH Trading Ltd from Narayanganj; Jenson and Nicholson BD Ltd, KCJ & Associate Ltd and Interfold Trading from Chittagong; PEB Steel Alliance Ltd, Matri Bhander and Asian Paints from Comilla; Suntek Energy Ltd, Panch Bhai Restaurant and Aaarong from Sylhet; Abdullah Battery Co Pvt Ltd, City Inn Ltd and Asian Paints from Khulna, Padma Buoying Ltd, Best Food Garden and Messer’s Abdul Matin Mridha from Barisal; Muslim Ayurvedic, Rajshahi Mistanna Bhandar and Pride Sari from Rajshahi and Prime Pusti Ltd from Rangpur.

PRAN Dairy Ltd, Bajaj, Ashuganj Fertiliser and Chemical Company, Square Pharmaceuticals, Igloo Foods and BRB Cables were also awarded from the district criteria.

The companies received the crest and certificates at programmes, organised by the divisional headquarters in Chittagong, Sylhet, Comilla, Rangpur, Rajshahi, Khulna and Jessore. (Source: BSS)