SC disposes Robi's account freeze decision | Economy | ABnews24

Sun, September 23, 2018
SC disposes Robi's account freeze decision
Dhaka, 4 Mar, Abnews: The Appellate Division of the Supreme Court has disposed of the decision of the National Board of Revenue (NBR) to freeze all the bank accounts of mobile phone operator Robi on charge of dodging Value Added Tax (VAT), UNB reports.
 
A four-member Appellate Division bench, led by Chief Justice Syed Mahmud Hossain, passed the order on Sunday after Robi informed the court that they will pay the unpaid VAT
 
Attorney General Mahbube Alam and Deputy Attorney General S M Moniruzzaman represented the state in the court and Barrister Tanjibul Islam moved for Robi.
 
Earlier, Robi agreed to pay its due taxes by Sunday after the Supreme Court cleared way for the National Board of Revenue to block its accounts.
 
On Feb 26, the National Board of Revenue (NBR) froze the bank account of mobile operator Robi-Axiata for three working days alleging that the mobile operator company has evaded value added tax (VAT) and supplementary duties.
 
Later, Robi went to the High Court against the NBR’s move and the High Court (HC) stayed decision of freezing all bank accounts.
 
On Thursday, the Appellate Division cleared the way to block the mobile operator’s accounts after the NBR challenged the High Court decision.
 
ABN/Adrian/Jasim/AD
  • Latest News
  • Most Viewed