Play store
A joint team comprising four intelligence units of the National Board of Revenue (NBR) seized a large quantity of alcohol and alcoholic beverages without valid documentation during a raid on Kingfisher Restaurant Limited in Gulshan, Dhaka.
The raid was conducted for nearly three hours from 12:30am on Monday (October 26), with assistance from Special Response Battalion (SRB-1), as part of efforts to prevent customs and VAT evasion and money laundering.
According to the NBR, the operation followed confidential information that highly dutiable alcoholic products were being procured through illegal sources and smuggling channels and sold while evading customs duties and VAT.
The joint operation was conducted under the overall supervision of the Customs Intelligence and Investigation Directorate (CIID), following instructions from the NBR. Four intelligence units took part: the Central Intelligence Cell (CIC), CIID, Tax Intelligence and Investigation Unit (TIIU), and VAT Audit, Intelligence and Investigation Directorate (VAIID).
The operation was carried out under the relevant provisions of the Customs Act 2023, the Value Added Tax and Supplementary Duty Act 2012, and the Income Tax Act 2023.
The NBR said a large quantity of alcohol and alcoholic beverages lacking valid documentation was seized during the raid. Details of the final inventory, the amount of revenue allegedly evaded and subsequent legal action will be disclosed at a press briefing later, it added.
