Grameen Bank sued for Tk 67cr VAT 'evasion'

Staff Reporter Dhaka
Published: 23 September 2021, 09:43 PM | Updated: 23 September 2021, 09:44 PM
Grameen Bank sued for Tk 67cr VAT 'evasion'
File Photo

The National Board of Revenue has lodged a case against Grameen Bank for allegedly evading around Tk 67 crore.  

It also filed another case of irregularities against the microfinance organization for giving VATable services without taking registration according to the VAT act.

Dr Moinul Khan, the director general of the VAT Audit, Intelligence and Investigation Directorate under NBR, made the disclosure on Thursday.

He said a team of the VAT intelligence found evidence that Grameen Bank evaded about Tk 67 crore, and it committed irregularities not being registered under the VAT act.

MAS/SU