20 Sep 2021, 19:13

Microsoft pays Tk 3.23cr VAT for the first time

   DHAKA, Sept 20, 2021 (BSS) - Microsoft Corporation, an American 
multinational technology corporation, has paid Taka 3,23,76,000 as VAT for 
the first time as a non-resident company.

   After taking its Business Identification Number (BIN) from the Customs, 
Excise and VAT Commissionerate, Dhaka South in last July, the multinational 
company deposited the VAT amount to the state coffer in this September 
against their sold services during the months of July and August.

   Talking to BSS, Commissioner of Customs, Excise and VAT Commissionerate, 
Dhaka South SM Humayun Kabir today said that Microsoft paid VAT for the first 
time in the country as a non-resident firm. He, however, said that Microsoft 
sought some time for submitting their VAT returns.

   Meanwhile, there other global giants -- Facebook, Google, and Amazon -- 
started to pay VAT from the current fiscal year and all of these three 
entities are registered with the Customs, Excise and VAT Commissionerate, 
Dhaka South.

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