• Saturday, Jun 25, 2022
  • Last Update : 04:24 pm

VAT complexities: Internet service providers seek PM’s intervention

  • Published at 04:27 pm July 4th, 2020

'If this problem was not resolved, the price of internet service might be increased by 30-40% at the grassroots level'

Internet Service Providers Association of Bangladesh (ISPAB) has sought Prime Minister Sheikh Hasina’s intervention in resolving the complexities over 5% and 15% value added tax (Vat) in the sector.

The organization made the appeal at a virtual press briefing Saturday, reports UNB.

“We demand solution to Vat complexities as well as inclusion of ILDC, IIG and ISP industries under the information technology enabled services (ITES) category,” said ISPAB President Md Aminul Hakim.

He said that if this problem was not resolved, the price of internet service might be increased by 30-40% at the grassroots level.

Meanwhile, the internet service providers at the virtual press briefing threatened of closing broadband connection for 2/3 hours if their demands are not met by this month.

Md Aminul Hakim said that the bill collection decreased by 40-50% due to Covid-19 pandemic although their staff had been working amid health risk.

The imposition of 5% for ISPAB internet and 15% for ITC, IIG and NTTN sectors of value chain created complexities in this sector, said Hakim adding that “We want the Prime Minister’s intervention in resolving the crisis of this sector.”

 If the VAT complexities were not resolved, the activities in this service sector might face interruption, he added.

Earlier on April 5, the ISPAB sought Tk610 crore government grant to keep the services uninterrupted and protect the sector from losses during the coronavirus outbreak.

 ISPAB submitted an application to Telecom Minister Mustafa Jabbar in this regard as well.

They have been demanding for withdrawal of Vat of the internet service providers for at least two years.

Facebook 50
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail