Dhaka, July 27 -- A lack of concerted efforts from both the government and banks continues to pose obstacles to combating under-invoicing and over-invoicing in imports and exports in Bangladesh, said chief of National Board of Revenue (NBR) Abdur Rahman Khan on Saturday.

It is easy to check international prices of goods and banks can do it easily before allowing the opening of Letters of Credits (L/C), he said. "If goods are not imported or exported at actual prices, compliant institutions and genuine taxpayers are harmed."

While speaking as the chief guest at a shadow parliament session organised by the Debate for Democracy (DfD), the NBR chairman also acknowledged the government's shortcomings at the customs level.

Chairman of the Df...