Foodpanda evades Tk 3.4cr VAT
Published: 11:05 PM, 28 October 2020
Evidence of VAT evasion of Tk 3.4 crore has been found against foodpanda, one of the leading online food service provider in the country. A case has been filed in this regard.
On Wednesday, the VAT Intelligence Department filed a case against foodpanda alleging VAT evasion.
foodpanda collects food from about five thousand food stores and delivers it to consumers through bikers. There are agreements with those organizations, under which foodpanda gets commission.
On October 15, VAT detectives raided the foodpanda office on specific allegations of VAT evasion. Evidence of widespread VAT evasion was found there. The operation was conducted by the Deputy Director of the VAT Intelligence Department Nazmunnahar Kaiser and Assistant Director Md. Mohiuddin.
foodpanda officials could not show VAT documents during the operation. At one stage of the search, some secret information about the monthly sales was found on the laptop of a senior official of the company. Some commercial documents were seized at that time.