VAT collection at Cumilla Commissionerate rises by 11pc

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BSS, Dhaka :
Despite the COVID-19 pandemic, VAT collection at Customs, Excise and VAT Commissionerate in Cumilla has increased by around 11 percent in the last fiscal year (FY21) as it totaled Taka 3,225.17 crore from six districts under the jurisdiction of this Commissionerate.
The revenue collection under Cumilla Commissionerate was Taka 2,910.60 crore in the previous fiscal year (FY20). So, the revenue collection at Cumilla Commissionerate witnessed 10.81 percent growth in the last fiscal year.
 Talking to BSS, Cumilla Commissionerate Commissioner Mohammad Belal Hossain Chowdhury said that there is no such big industry in Cumilla side by side the ongoing COVID-19 situation is a barrier towards realizing revenue.
“But, we’ve gained results since motivational activities were undertaken from the beginning of the last fiscal year. As a result, revenue collection was much higher in the last fiscal year compared to any other previous fiscal.”
Belal also said the Cumilla Commissionerate had put emphasis on realizing all arrears, distributed awards among the best performing officials in recognition of their good work and thus took a tough stance to check VAT evasion.

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