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23 May, 2019 10:08:16 AM
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NBR stops issuing instant e-BIN without verification

BSS, Dhaka
NBR stops issuing instant e-BIN without verification

National Board of Revenue (NBR) have started taking time to issue the e-BIN until the full verification is completed, said officials.

Talking to the news agency, VAT Online Project Director Syed Mushfikur Rahman said they are now issuing e-BIN after scrutinizing the required documents and address given with the application.

“We’ve stopped the issuance of instant e-BIN after receiving the complaints of using fake documents and address,” he added.

Mentioning that the VAT officials at field level are scrutinizing the documents and address before issuing e-BIN, Rahman said: “Now, they issue e-BIN within maximum three days if the documents and address are found correct.”

Otherwise (if found dissimilarities), the applicant is informed through e-mail about the non-issuance of e-BIN, he added.

Officials said NBR has started to issue e-BIN on March 23, 2017 online to implement the “Value Added Tax and Supplementary Duty Act, 2012” and as part of it, the applicants used to get it instantly. But, a section of unscrupulous people, taking this opportunity, collected e-BIN using fake documents and address.

NBR has stopped the instant e-BIN from March this year as the country has now a total of 1,62,968 e-BIN holders.

Replying to a query, Syed Mushfikur Rahman said e-BINs, registered using fake documents and address, are being cancelled.

KK

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Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
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Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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