E-commerce
News in Brief

Amazon pays Tk 53 lakh VAT

Global e-commerce company Amazon has paid Tk 53 lakh in value added tax (VAT) directly to the revenue authority after it got registration for the indirect tax.

The e-commerce giant deposited the tax to the VAT Commissionerate Dhaka South through Sonali Bank, said Commissioner SM Humayun Kabir.

Amazon Web Services Inc, a subsidiary of Amazon, paid the indirect tax on Tk 3.52 crore-worth service it provided to customers here.

The e-commerce company signed up for VAT registration in May this year in line with a National Board of Revenue (NBR) rule.

Kabir said the NBR earlier got indirect tax from Amazon through banks as they deducted the money during payments made by customers for taking services from the e-commerce company.   

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News in Brief

Amazon pays Tk 53 lakh VAT

Global e-commerce company Amazon has paid Tk 53 lakh in value added tax (VAT) directly to the revenue authority after it got registration for the indirect tax.

The e-commerce giant deposited the tax to the VAT Commissionerate Dhaka South through Sonali Bank, said Commissioner SM Humayun Kabir.

Amazon Web Services Inc, a subsidiary of Amazon, paid the indirect tax on Tk 3.52 crore-worth service it provided to customers here.

The e-commerce company signed up for VAT registration in May this year in line with a National Board of Revenue (NBR) rule.

Kabir said the NBR earlier got indirect tax from Amazon through banks as they deducted the money during payments made by customers for taking services from the e-commerce company.   

Comments