The National Board of Revenue (NBR) will honour a total of 144 businesses across the country for depositing the highest amount of Value Added Tax (VAT) with the public exchequer in fiscal year (FY) 2016-17.
Of them, nine top VAT-payers will receive national-level award while 135 others will be honoured at district level.
The VAT wing of the board issued two separate gazette notifications on November 28 with the names of the businesses.
The NBR will hand over the awards on the occasion of National VAT Day that falls on December 10.
Of the national-level top VAT payers, Titas gas field, Habiganj gas field and Srikail gas field (Bapex) will receive the award in production category.
In service category, Orion Infrastructure Limited, TUV SUD Bangladesh Private Limited and Somoy Media Limited have been selected for the award.
Under business category, SC Jonson (pvt) Limited, Wartsila Bangladesh Limited and KCJ and Associates Limited will receive the award.
Talking to the FE, a senior VAT official said the board has to trim down the list of VAT awardees following the objections raised by the income tax, customs and Bangladesh Bank (BB).
"Initially, we had prepared a list of around 500 businesses for the award. Of them, income tax wing reported against some 200 businesses due to unpaid taxes," he said.
Also, the VAT authority could not nominate some of the highest VAT-paying businesses due to legal disputes, he added.
Last year, some 149 top VAT-paying businesses were honoured by NBR.
District-level VAT award winners are: Sayeman Beach Resort Ltd, Swapan Chemical Works, Kiswan Snacks Ltd, Matribhander, Walton Plaza, Modern Plywood and Wood Processing Co, Ashok Dadhi Mishtanno Bhander, M/S Jalil Bidi Factory, Terdes Homes Foundation, M/S Rubel Enterprise, M/S Hotel Niloy, M/S SB Food Products, Christian Service Society, Safe N Save, SKS Inn, M/S Bajaj Palace, Asian Paints (Bd) Ltd, Multibij Pipe Industries Ltd, Hotel Jimi, Mohammad Ali Food Products, One Minute, Nishan Biscuit and Bread Factory, Alauddin Hotel and Restaurant, Chowdhury Tea Warehouse, AM Channel Ltd, Aztek Pharmaceuticals Ltd, Khan Bajaj Centre, Mohini Bidi Factory, Maa Mishtanno Bhander, M/S Lily Motors, TVS Corner, Sabiha Chemical Works, Sareng Furniture, Akash Foam Industry, Hamid Departmental Store, Square Pharmaceuticals Ltd, Gour Ghosh Dadhi O Mishtanno Bhander, Nita Company Ltd, Ad-Din Printers, Niloy Motors Ltd, Sardar Plastic Industry, Gowsia Hotel and Restaurant, Berger Paints Bangladesh Ltd, Media Axis, Unimart Ltd, Bangladesh Parjatan Corporation, Naogaon Palace, Samir Tobacco (Pvt) Ltd, Mouchak Mishti Bhander, Bashundhara Industrial Complex Ltd, Tajmahal Chinese Restaurant, Sakib Gul Company, M/S Zaman and Sons, Akij Bidi Factory Ltd, M/S Tanjim Printing and Packaging Ltd, M/S Biswanath Karmaker and Others, Narsingdi Gas Fields, Paradise Sweets, Hotel Relax, M/S BM Motors, Kazi and Kazi Tea Estate Ltd, Sikder Chemical Works, Kuakata Motors, Parjatan Holiday Homes, Abul Bidi Factory, Star Line Special, M/S Razzak Food Industries, Belpiatu Chinese Restaurant, Linday Bangladesh, JB Refinery Ltd, M/S North Bengal Trading, Hotel Poshur, Hotel Hillview Abashik, M/S Rana Enterprise, M/S Haque Chemical Works, M/S Taj Hotel and Restaurant, M/S Rabbani Store, Meghna Gas Fields, M/S Hotel Uzan Bhati, Mohammadi Electric Wares and Multi Products (MEP) Ltd, Hotel Grand Park, AM Channel Ltd, Shahbajpur Gas Field, Bhai Bhai Plastic, M/S Tamim Enterprise, Nurani Jarda Factory, Gopal Paler Prosiddho Mondar Dokan, Harin Bidi Factory, Boishakhi Mishti Mela, M/S Badrunnesa Chemical Co, M/S Liton Motors, SR Industry, Hotel Mukta International, City Lub Oil Industries Ltd, New Mohammadia Hotel and Restaurant, Charu Sweets, Monica Chemical, Rony Plywood Industries, Mojaffar Garden and Resort, M/S Ratan Bidi, Hanif Highway Hotel and Motel Complex, Fulkoli Food Products Ltd, Panch Bhai Restaurant, Maha, Rashidpur Condensate Fractionation Plant, Highway Inn Ltd and Sharif Store.
