Robi Axiata hit with USD110m VAT bill

7 Nov 2017

Bangladesh’s National Board of Revenue (NBR) has demanded BDT9.25 billion (USD109.8 million) from cellco Robi Axiata in unpaid VAT after an audit found discrepancies between its own records and the company’s for the period from January 2013 to December 2016, the Daily Star writes. The audit team claims that the operator did not pay BDT5.54 billion in VAT, BDT1.58 billion in VAT-at-source and BDT2.13 billion in VAT on merger fees, spectrum charges and ‘unlawful’ rebates during the period in question. Regarding the matter, Ekram Kabir, vice-president of Robi Axiata, was cited as saying: ‘We cannot pay VAT on various regulatory fees and charges to the [telecoms regulator] BTRC as it cannot issue invoices against VAT payment in the absence of VAT registration. It is unfortunate that the NBR is not taking action to help resolve the issue.’

Bangladesh,Bangladesh Telecommunication Regulatory Commission (BTRC), Robi Axiata,

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