NBR holds 10th lottery on EFD-generated receipts

For the 10th time, the National Board of Revenue held a lottery on Sunday with the receipts generated through electronic fiscal devices against purchases made by consumers from stores.

The move aims at encouraging people to ask sales people for machine-generated goods in order to ensure that the actual amount of Value Added Tax, a type of consumption tax, goes to the state coffers properly.

The NBR held the draw on the invoices issued from October 1 to October 31, in order to give 101 prizes to buyers who bought from shops that used EFDs, a kind of transaction register.

The draw was held at the meeting room of the Revenue Board building in the capital’s Segunbagicha where Abdul Mannan Shikder, Member (VAT Implementation and IT) presided over the programme.

The first prize, which was Tk one lakh, went to receipt number 001321VRCULXL034 while the second prize, which is Tk 50,000, went to receipt number 003821YWBYDED207.

And the third prize, which was Tk 25,000, went to six receipt numbers which include 01921MGNXOJV598, 000121RXHKGFB661, 001921MGNXOJV598, 000021QOHITIU888, 002321MIBMAGO006 and 001921SYMDETF334.

The NBR said it treats receipts on purchases from stores having EFDs as coupons. The draw of lottery by receipts has been organised to encourage customers to pay VAT, said the NBR after holding the draw event at its headquarters.

EFD was first installed on August 25, 2019 by NBR chairman Abu Hena Md Rahmatul Muneem to ensure transparency and accountability in VAT collection.

For the first time, a lottery draw for EFD invoices was held on February 5 this year.