Corporate DisclosureBATBC

BATBC Corporate Disclosure — 17 April 2019

Published
Last verified by BullBD

Announcement summary

What happened
BATBC published a corporate disclosure on 17 April 2019. Read the full announcement for details.
Company
British American Tobacco Bangladesh Company Limited
Announcement published

Original announcement

(Continuation news of BATBC): Note 42.1 Litigation: The Company has various claims and legal actions arising in the ordinary course of business. In particular, in November 2013, the Company received a retrospective notice of imposition and realization of VAT and Supplementary Duty on low price category brands (Pilot & Bristol) from the National Board of Revenue (NBR) alleging to have evaded tax by selling in the low price segments rather than the mid-tier segments. (cont.2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aced55a6b00004005a20b
Original publication
Last verified by BullBD
Translation
BullBD
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