Bkash is the highest VAT payer in service sector

Bkash has been honoured by the National Board of Revenue (NBR) as the highest Value Added TAX (VAT) payer in the service sector at the national level for the 2020-21 fiscal year.

Kamal Quadir, chief executive officer of Bkash, received the letter of honour and crest from Finance Minister AHM Mustafa Kamal at a program held at a city hotel on Saturday, according to a press release.

Abu Hena Md Rahmatul Muneem, chairman of National Board of Revenue; Md Jashim Uddin, president of Federation of Bangladesh Chambers of Commerce and Industry; and Moinuddin Mohammed Rahgir, chief financial officer of Bkash were also present at the event.

Every year on December 10, NBR celebrates National VAT Day. On this occasion, NBR honors the highest VAT payers in three categories: production, business, and service.

To be eligible for the honor by NBR, organizations must have an Electronic Business Identification Number (eBIN), provide VAT slips to consumers, and pay VAT to the national exchequer.