Berger receives award from LTU-VAT of NBR

Berger Paints Bangladesh Ltd (BPBL) has been awarded with the recognition of ‘Most Compliant Company in VAT Operations’ for FY 2020-2021.

Sazzad Rahim Chowdhury, Director & CFO and Abdus Sabur Khan, Head of VAT of BPPL, received the award on behalf of the company at an award-giving ceremony organised by the ‘Large Taxpayers Unit – Value Added Tax’ (LTU-VAT) of the National Board of Revenue (NBR) as a part of the VAT Week celebration. Berger has been awarded with this accolade for meticulously adhering to VAT acts and rules, said a media statement.

With an intend to encourage individuals and organisations with the theme – ‘Pay VAT online, take part in nation-building,’ NBR has planned various programmes to celebrate this year’s national VAT Day on December 10 and national VAT Week (December 10 – December 15).

As a part of these programmes, LTU-VAT introduced this new category of ‘Most Compliant Company’ this year to motivate all taxpayers in terms of VAT payment and contribute to the government exchequer by paying VAT transparently. Commissioner of LTU Waheeda Rahman Chowdhury handed over the award to Berger at the event, it said.

“We feel honoured to have been recognised by the LTU for outstanding VAT operations this fiscal year,” said Sazzad Chowdhury.

“At Berger, we firmly believe in executing all our operations strictly in accordance with the law, with a vision of building a better nation. This award has motivated us to extend our efforts towards improved transparency and cooperation in contributing to the government’s efforts towards the country’s development. We shall carry on with this spirit for years to come,” he added.