Chattogram Wat Commissionerate sees revenue increase by 15.56%

TBS Report

July 21, 2022, 5:30 p.m.

Last modification: July 21, 2022, 6:04 p.m.

Representative image. Photo: Collected

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Representative image. Photo: Collected

Chattogram Customs, Excise and VAT Commissariat collected 10,908.64 crore in VAT revenue in FY 2021-22, a growth of 15.56% from FY previous.

Anurupa Dev, Deputy Commissioner of Chattogram Wat Commissionerate, said VAT revenue collection for the financial year 2020-21 was Tk 9,439.87 crore. The Commissioner collected 1,468.77 crores more TK than the previous fiscal year.

“VAT registrations for the 2021-22 financial year increased by approximately 27% compared to the previous financial year. The percentage of online VAT declaration submission was 99.13%,” she said. added.

Mohammad Akbar Hossain, Commissioner of the Chattogram Wat Commissionerate, said, “This is the highest VAT collection in the history of the Chattogram Wat Commissionerate. We have strengthened monitoring activities to prevent VAT evasion and audit activities. credit for the growth goes to the officers and employees of the Customs, Excise and VAT Commission. »

According to the data, VAT revenue collection for FY 2010-2011 was Tk 3,360 crore, FY 2011-2012 was Tk 3,875.25 crore, FY 2012-2013 was Tk 5,506 crore Tk, FY 2013-2014 was Tk 5,044 crore, FY 2014-2015 was Tk 5, 132.84 crore, FY 2015-2016 was Tk 7,267.25 crore, FY 2016 -2017 was Tk 7,088.66 crore, FY 2017-2018 was Tk 8,532.59 crore, FY 2018-2019 was Tk 10,382.35 crore, FY 2019-2020 was Tk 8 .6 crore Tk

Chattogram Customs, Excise and VAT Commissariat is divided into 8 VAT Divisions – Agrabad, Chandgaon, Chattala, Rangamati, Patiya, Cox’s Bazar, Khagrachari and Bandarban.