Walton Plaza gets top VAT payer award

Walton Plaza received the highest VAT payer award in the business category for the fiscal year 2020-21.

National Board of Revenue (NBR) conferred the award under the jurisdiction of Customs, Excise and VAT Commissionerate, Dhaka North.

Along with the Walton Plaza, a total of nine businesses at the national level and 120 enterprises at the district level were honored with the best VAT payer award.

The awards were handed over to the recipients through a programme held at a hotel in the capital Dhaka on Saturday marking the National VAT Day 2022.

Finance Minister AHM Mustafa Kamal attended the function as the chief guest while FBCCI President Md Jasim Uddin also took part in the programme as the special guest. Among others, NBR VAT Department Members Zakia Sultana and Md Sahidul Islam were also present at the vent with NBR Chairman Abu Hena Md Rahmatul Munim in the chair.

At the event, Walton Plaza's Chief Executive Officer (CEO) Mohammad Rayhan received a payer crest and a certificate from the finance minister.

Every year, the NBR organises such award-giving programme to encourage businesses to pay VAT for the betterment of the national economy.

Walton Plaza has been earning the highest VAT payer awards either at the national or district level every year.

Expressing his reaction to receiving the award, Walton Plaza CEO Mohammad Rayhan said, Walton Plaza has been operating its business complying with all the rules and regulations of the country.

The company is making a significant contribution to the national GDP (Gross Domestic Product) by paying VAT properly and the NBR has honored the Walton Plaza with the highest VAT payer award as its recognition.

“This recognition and awards will encourage and motivate us. It has also helped uphold our responsibility towards the country. Our efforts to accelerate the country’s economic progress will continue,” he said.

Walton Plaza CEO Mohammad Rayhan receives the certificate and crest of highest VAT payer award from Finance Minister AHM Mustafa Kamal, on December 10, 2022. Photo: Courtesy