Boosting revenue collection
NBR to expedite ADR process
UNB
The National Board of Revenue (NBR) has decided to further strengthen and expedite its Alternation Dispute Resolution (ADR) process to increase revenue collection through settling the revenue related cases pending with various courts for years, reports UNB.
The revenue collecting authority has taken the decision in the backdrop of the suspension of the unified 15 per cent VAT for couple of years. All commissionerates have been asked to prepare a list of pending cases that can be resolved through ADR, a senior official of the NBR told the news agency.
According to the available data some Tk 3060.33 crore remains unrealised due to customs related cases pending with various courts including the High Court. The amount is Tk 5845.43 crore for the VAT related cases while Tk 8167.08 crore for the tax related cases.
He said NBR chairman Md Nojibur Rahman asked the concerned officials to take steps to expedite the Alternative Dispute Resolution (ADR) process for settling the pending cases.
He gave the directives during a recent review meeting with the commissioners of income tax, VAT and Customs held at the NBR headquarters. At the meeting, emphasis was given on utilizing the ADR process to settle the pending cases.
