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When A Checking Account Could Become Inoperative?
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However the Court can prolong such time restrict up to 3 months in view of an software by the Inquiry Officer. The Inquiry Officer shall intimate the accused particular person concerning the allegation, in Type VAT– sixteen.1 and request him to submit acknowledged deposition before him within 15 days. However in instances of Tax determined by the Commissioner and Tax accrued by disposal of any exercise beneath the regulation, Tax has to be paid throughout the specified time as mentioned in the discover.
On the basis of Refund Certificates issued by involved shops reimbursement of VAT cash shall be made in cash from the Vacationers Refund Desk at the Airport Customs office. The applicant shall be required to furnish all VAT Returns as a lot as the present Tax Period. The refundable amount of money ought to be over Taka 50,000, after deducting interest, penalty. Turnover Tax payable by any individual for any Tax Period needs to be paid earlier than furnishing Return for the said Tax Period. In case of import, Import Duty and Regulatory Duty (if any) have to be added with the Import Duty imposable worth.
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