Dhaka, July 8 -- The National Board of Revenue (NBR) has directed the VAT administration at the field level to take legal actions against those registered business firms which do not hang turnover tax certificates in their own firms.
According to the Value Added Tax (VAT) and Supplementary Duty Act, 2012, the registered business firms would have to hang turnover tax certificates in their own business establishments so that those could be easily sighted.
But, many of the business houses are not complying with the directive, said the NBR officials.
Under the circumstances, the revenue board issued directives to the field-level administration to take legal actions against those errant business firms on urgent basis.
Issuing such directives...