DHAKA, March 8, 2020 (BSS) – The Jashore VAT Commissionerate has started
operations for conducting VAT payers’ survey in a bid to identify 5,000 new
VAT payers over the next three months.
This survey is being conducted in a bid to mobilize more revenue
collection through expanding the VAT net.
Under the initiative, VAT officials are visiting various shopping malls
and markets in Jashore and thus motivating the businesses to get registered
for VAT payment and thus submitting their returns under the new VAT law.
Besides, the VAT officials are also distributing leaflets among the
businessmen to create awareness on VAT payment.
Talking to BSS, Commissioner of Jashore VAT Commissionerate M Zakir
Hossain said, “Still many businessmen are yet to get registered or not paying
VAT. It’s not possible to mobilize more revenue collection without bringing
those businessmen under the VAT net. For this, we’ve started this innovative
operation for identifying new VAT payers,”
He said that the number of VAT registration with the Jashore VAT
Commissionerate is currently around 10,000 while a target has been set to
detect 5,000 more new VAT payers.
Zakir informed that those who are registering themselves for VAT payment
are also submitting their VAT returns, side by side the authorities are also
informing the potential business houses about the possible punishment for not
paying VAT and not submitting returns.
Earlier, the Jashore VAT Commissionerate organized a VAT fair in Jashore
delivering three related services for properly enacting the new VAT Act amid
huge response from the taxpayers.
The fair was organized to give practical training to the VAT payers
through online submission of VAT returns.