Advertisement
Advertisement

NBR finds Tk3.76cr revenue evasion by online retailer J-Creation

NBR finds Tk3.76cr revenue evasion by online retailer J-Creation
Photo: UNB
Advertisement
Advertisement

The National Board of Revenue (NBR) has detected an estimated Tk3.76 crore in revenue evasion by online clothing retailer J-Creation, according to the Customs, Excise and VAT Commissionerate, Dhaka (West), on Tuesday.

The commissionerate conducted a sudden raid on the premises of J-Creation in Mirpur on 13 Sept following a tip-off.

The business sells Punjabi outfits, sherwanis and other readymade garments through online platforms.

During the raid, officials found evidence of VAT evasion and seized a CPU and relevant documents, according to the NBR.

The authorities subsequently examined the company’s sales records and initially found evidence of revenue evasion amounting to around Tk3.76 crore.

The seized documents are now being examined further, and legal proceedings for filing a case are underway, the NBR said.

Follow TIMES on Google News

Get trusted updates and editor-picked stories in your feed.

Follow
Related News