Grameen Kalyan Appeals Tk 666 Crore Tax Ruling

Grameen Kalyan, owned by former interim government chief adviser Dr Muhammad Yunus, has appealed against a High Court ruling ordering it to pay Tk 666 crore in taxes. The company filed an application with the Chamber Court on Monday (September 14) seeking a stay on the ruling.

Yunus’s lawyer, Khawaja Tanvir Ahmed, confirmed the matter and said the application may be heard on Monday.

On September 10, the High Court ordered Grameen Kalyan to pay the National Board of Revenue’s (NBR) claimed Tk 666 crore within three fiscal years.

The tax dispute relates to the 2012-13 to 2016-17 tax years.