{"id":209,"date":"2021-08-26T14:17:01","date_gmt":"2021-08-26T14:17:01","guid":{"rendered":"https:\/\/en.dainikbiswa.com\/?p=209"},"modified":"2021-08-26T14:17:01","modified_gmt":"2021-08-26T14:17:01","slug":"sued-against-e-orange-for","status":"publish","type":"post","link":"https:\/\/en.dainikbiswa.com\/index.php\/209\/corruption\/sued-against-e-orange-for\/","title":{"rendered":"Sued against E-orange \u00a0for evading VAT"},"content":{"rendered":"

 <\/p>\n

The VAT intelligence has filed a case against online shopping platform E-orange on the allegation of evasion of value-added tax (VAT).<\/p>\n

The case was filed under the VAT and Supplementary Duty Act today, according to a press release of VAT Audit, Intelligence & Investigation Directorate (VATAIID) under the National Board of Revenue (NBR).<\/p>\n

Earlier, a team of VATAIID conducted the drive at E-orange office in Gulshan area of Dhaka on June 8 and found evidence of VAT evasion of Tk 13 lakh, it said.<\/p>\n

The company bought products or services worth Tk 245.75 crore in a certain period and earned a commission of Tk 3.88 crore by selling those at Tk 249.63 crore, according to the release.<\/p>\n

The E-orange was supposed to pay VAT of Tk 19.39 lakh at the rate of 5 per cent on the commission, but it had paid only Tk 6.23 lakh.<\/p>\n

And thus, the online platform hid the actual sales information and evaded VAT of Tk 13.16 lakh, it said.<\/p>\n

However, the report of the case has been sent to Customs, Excise and VAT Commissionerate in Dhaka North zone for taking legal action against E-orange and for recovery of evaded VAT.<\/p>\n

This correspondent tried to reach officials concerned with E-orange over phone for their comments but they did not respond.<\/p>\n

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 <\/p>\n\n","protected":false},"excerpt":{"rendered":"

  The VAT intelligence has filed a case against online shopping platform E-orange on the…<\/p>\n","protected":false},"author":1,"featured_media":210,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[14],"tags":[],"class_list":["post-209","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corruption"],"yoast_head":"\nSued against E-orange \u00a0for evading VAT | Daily World News<\/title>\n<meta name=\"description\" content=\"Sued against E-orange \u00a0for evading VAT , The company bought products or services worth Tk 245.75 crore in a certain period and earned a...\" \/>\n<link rel=\"canonical\" href=\"https:\/\/en.dainikbiswa.com\/index.php\/209\/corruption\/sued-against-e-orange-for\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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