Wednesday 16 October 2019 ,
Wednesday 16 October 2019 ,
Latest News
  • New list of 50,000 Rohingyas handed to Myanmar: Minister
  • MBBS entry test results published
  • Samrat put on 10-day remand in two cases
  • 5 Gaibandha war criminals sentenced to death
  • 5 'robbers' killed in separate 'gunfights'
  • Margaret Atwood and Bernardine Evaristo share Booker Prize
  • Trump imposes sanctions on Turkey, threatens its economy
11 July, 2019 09:22:42 AM
Print

Telcos asked to submit Q2 payments to NBR

STAFF REPORTER
Telcos asked to submit Q2 payments to NBR

Bangladesh Telecommunication Regulatory Commission (BTRC) yesterday declined to receive last quarter’s (April - June, 2019) payments of different charges including revenue sharing, social obligation fund, and annual spectrum fees of the mobile network operators.

Citing reason that the telecom regulator does not have VAT registration, the BTRC said it can’t receive the payment for the quarter now, said AMTOB Secretary General Brigadier General SM Farhad (Retd) in a press statement issued yesterday.

The section 49 (2) of the VAT & SD Act 2012 said, “If a supplier is not registered or enlisted, and if a combined tax invoice and withholding certificate is not issued, the withholding entity shall not receive any supply from such supplier and shall pay no price against such supply to the supplier.”

However, though BTRC does not have VAT registration, the Mobile Network Operators (MNO) decided to pay the charges to the regulator to run the telecommunication service uninterrupted, considering more than 16 crore mobile users but BTRC refused to accept, said SM Farhad.

Earlier AMTOB had requested both NBR (National Board of Revenue) and BTRC to find a way out on how to make the payment of the quarterly charges avoiding any legal complication but did not receive any response till date, he added.

BTRC Chairman Jahurul Haque told The Independent if the telecom operators pay the VAT to the NBR, then they don’t have to pay that VAT to us again.\

HM

Comments

Video
More Business Stories
Boom in exports of plastic products Exports of plastic products have risen significantly during the July–September period of FY 2019–20 compared to the same period of 2018–19 FY. The availability of raw materials at a cheaper rate, the production of…

Copyright © All right reserved.

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.

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.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting