Tk6.46cr VAT collected from DITF

FT ONLINE

An amount of Tk6.46 crore was collected as value added tax (VAT) from the 25th Dhaka International Trade Fair (DITF), held from January 1 to February 6 at the Sher-E-Bangla Nagar, adjacent to Bangabandhu International Conference Centre (BICC), in the city.

Customs, Excise and VAT Commissionerate, Dhaka (West) Dr. Moinul Khan yesterday said they collected Tk6.46 crore as VAT from the DITF which was Tk78 lakh lower than the last edition of DITF.

"In the fair, the number of visitors and stalls was lower than the last edition of DITF. So that VAT collection was lower than earlier year," he said.

This year, the number of stalls was 487 which was 569 last year and the number of visitors was 23 lakh, down from 35 lakh in the previous year, Moinul Khan added.

He informed that Customs, Excise and VAT Commissionerate of Dhaka West filed cases against 29 organisations and fined Taka 10,000 for every organisation.