Dhaka, July 11 (NsNewsWire) — Mobile Network Operators of the country was supposed to make their last quarter’s (April – June, 2019) payment of different charges including revenue sharing, social obligation fund, annual spectrum charge fees, etc. to BTRC today deducting without the VAT amount, since the regulator does not have VAT registration. But the regulator declined to receive the payment, said AMTOB Secretary General Brigadier General S M Farhad (Retd.).
He said, according to the recently passed Value Added Tax and Supplementary Duty Act 2012, it is mandatory to have VAT registration to any supplier of service entity, which includes BTRC as well.
Under section 49(2) of the VAT & SD Act 2012, “If a supplier is not registered or enlisted, and if a combined tax invoice and withholding certificate is not issued, the withholding entity shall not receive any supply from such supplier and shall pay no price against such supply to the supplier.”
However, though BTRC does not have VAT registration, the MNOs decided to pay the charges to the regulator to run the telecommunication service uninterrupted considering more than 16 crore mobile users but BTRC refused to accept, said S M Farhad.
Earlier AMTOB had requested both NBR (National Board of Revenue) and BTRC to find a way out on how to make the payment of the quarterly charges avoiding any legal complication but did not receive any response till date, he added.
Enditem Press Release