DHAKA, May 7, 2019 (BSS) – Customs Valuation and Internal Audit
Commissionerate (CVIAC) have identified 29 bond license holders as “risky”
for country’s revenue mobilization.
The CVIAC, a window of National Board of Revenue (NBR), has prepared the
list on the basis of specific allegations such as use of fake address and
illegal sell of raw materials imported under the duty-free facility in the
local market.
Meanwhile, the CVIAC completed audit to 16 of those 29 license holders and
passed recommendations to the NBR for taking stern action including
cancellation of license for their involvement with unauthorized practice.
The CVIAC in the audit report mentioned existence of six firms, out of the
16, which were not found while the remaining firms are involved with the
misuse of bond facilities.
Regarding the issue, NBR Chairman Md Mosharraf Hussain Bhuiyan told BSS
that they are running different preventive activities such as audit, filing
case, cancellation of license to stop the misuse of bond facilities.
“Legal action is being taken immediately after getting any evidence of the
misuse of bond facilities,” he added.