Business

Ambrosia Restaurant in Ctg dodges Tk 17 lakh in VAT

A team of the VAT Audit, Intelligence and Investigation Directorate has filed a case against Ambrosia Restaurant in Chattogram, as the eatery has dodged about Tk 17 lakh in value added tax on sales from July 2018 to July 2020.

"The actual sales of the restaurant during July 2018 to July 2020 was Tk 3.69 crore and it was supposed to pay a VAT of Tk 55.33 lakh," Moinul Khan, director general of the directorate, told The Daily Star.

"But it paid only Tk 38.09 lakh."

A team of the directorate during a surprise visit to the restaurant on September 7 seized some documents and found huge discrepancies between the sales and the amount of VAT paid.

So the VAT audit team filed a case yesterday to compel the restaurant to pay the VAT, Khan said.

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