Base Value TDS VDS Other As Per Finance Bill 2024 1718068358
Base Value TDS VDS Other As Per Finance Bill 2024 1718068358
Base Value TDS VDS Other As Per Finance Bill 2024 1718068358
Abstract
This article has been prepared for informational purpose only (for practice of
myself), and is not intended to provide, and should not be considered/relied
on for Income Tax Advice.
Source of Information:
Income Tax Act, 2023
TDS Rules, 2024
VAT and Supplementary Duty Act, 2012
VAT and Supplementary Duty Rules, 2016
VAT SRO240
Various Website /Online source
Gm 010.20
feb wbg©vY ms¯’v (K) 1 -1600 eM©dzU ch©šÍ 2% 2%
10 (L) 1601- eM©d‡z Ui Dc‡i 4.50% 4.50% 7% 89 R-3
M) cyb: †iwR‡÷ªk‡bi ‡ÿ‡Î 2% 2%
11 Gm 014. 00 B‡Ûw›Us ms¯’v 5% 5% 8% on Commission 90 R-4
12 Gm 015. 10 ‡d«BU d‡ivqvWv©m© 15% 15% 10% on ommission; 2.5% On Gross Bill with/without commission 90 /124
13 Gm 020.00 Rwic ms¯’v 15% 15% 10%, Gross Bill 2%, Other 10% (See Note 1 Calculation) 90 R-4
14 Gm 021.00 cøv›U ev g~jabx hš¿cvwZ fvov cÖ`vbKvix ms¯’v 15% 15% 5% 109
Avmevec‡Î wecbb †K›`ª (K) Drcv`b ch©v‡q 7.5% 7.5%
15 Gm 024.00 (L) wecYb ch©v‡q (‡kv iyg) (Drcv`b ch©©v‡q 7.5% nv‡i g~mK 5% Annexure A 89 R-3
cwi‡kv‡ai PvjvbcÎ _vKv mv‡c‡ÿ, Ab¨_vq 15%) 7.5% 7.5%
16 Gm 028.00 Kzwiqvi (Courier) I G·‡cÖm †gBj mvwf©m 15% 15% Gross Bill 2%; Bill with com as per Calculation N-1 (Higher of A & B) 90 R-4
c‡Yi wewbg‡q Ki‡hvM¨ cY¨ †givgZ ev mvwf©wms- Gi
17 Gm 031.00 10% 10% Repair & Maintenance 5%, Motor Garage/Workshop 8% 90 R-4
Kv‡R wb‡qvwRZ e¨w³, cÖwZôvb ev ms¯’v
18 Gm 032.00 KbmvjU¨vÝx dvg© I mycvifvBRix dvg© 15% 15% 10% 90 R-4
19 Gm 033.00 BRviv`vi 15% 15% Lease of immovable property TDS 4% 128
20 Gm 034.00 AwWU GÛ GKvDw›Us dvg© 15% 15% 10% 90 R-4
21 Gm 037.00 ‡hvMvb`vi (Procurement Provider) 7.5% 7.5% Industrial Raw materials 3%, Other 5% or Various % Annexure A 89 R-3
22 Gm 040.00 wmwKDwiwU mvwf©m 10% 15% Gross Bill 2%; Bill with com as per Calculation N-1 (Higher of A & B) 90 R-4
23 Gm 043.00 ‡Uwjwfkb I AbjvBb m¤úªPvi gva¨‡g Abyôvb mieivnKvix 15% 15% 5% 92
24 Gm 045.00 AvBb civgk©K 15% 15% 10% 90 R-4
cwienb (K) †c‡UªvwjqvgRvZ cY¨ cwien‡bi †¶‡Î 5% 5% Transport Service 5% 90 R-4
25 Gm 048.00
wVKv`vi (L) Ab¨vb¨ cY¨cwien‡bi †¶‡Î 10% 10%
Vehicle rental service, Carrying service, Ride sharing service,
26 Gm 049.00 hvbevnb fvov cÖ`vbKvix 15% 15% Coworking space providing service, Accommodation providing 90 R-4
service including any sharing economy platform TDS 5%
27 Gm 050.10 AvwK©‡U±, B‡›Uwiqi wWRvBbvi ev B‡›Uwiqi†WK‡iUi 15% 15% 7% 89 R-3
28 Gm 050.20 MÖvwdK wWRvBbvi 15% 15% 7% 89 R-3
29 Gm 051.00 BwÄwbqvwis dvg© 15% 15% 7% 89 R-3
30 Gm 052.00 kã I Av‡jvK miÄvg fvov cÖ`vbKvix 15% 15% Gross Bill 2%; Bill with com as per Calculation N-1 (Higher of A & B) 90 R-4
31 Gm 053.00 ‡evW© mfvq †hvM`vbKvix 10% 10% 10% 90 R-4
32 Gm 054.00 DcMÖn P¨v‡b‡ji gva¨‡g weÁvcb cÖPviKvix 15% 15% 5% 92
33 Gm 058.00 PvU©vW© wegvb ev †nwjKÞvi fvov cÖ`vbKvix ms¯’v 15% 15% 90 R-4
34 Gm 060.00 wbjvgK…Z c‡Y¨i ‡µZv 7.5% 7.5% 10%, if sale of Tea 1% 133
35 Gm 065.00 feb †g‡S I A½b cwi®‹vi/i¶Yv‡e¶YKvix ms¯’v 10% 10% Gross Bill 2%; Bill with com as per Calculation N-1 (Higher of A & B) 90 R-4
36 Gm 066.00 jUvwii wUwKU weµqKvix 10% 15% Income from lottery 20% 118
37 Gm 067.00 Bwg‡MÖkb Dc‡`óv 15% 15% 10% 90 R-4
Gross Bill 2%; Bill with com as per Calculation N-1 (Higher of A & B) 90 R-4
38 Gm 071.00 Abyôvb Av‡qvRK 15% 15%
Services from convention hall, conference centre etc 5% 110
39 Gm 072.00 gvbe m¤•` mieivn ev e¨e¯’vcbv cÖwZôvb 15% 15% Gross Bill 2%; Bill with com as per Calculation N-1 (Higher of A & B) 90 R-4
ITES Tax Exempted as per 6th schedule Part 1 Para 21 (As per ITA 2023)
Z_¨-cÖhyw³ wbf©i †mev (Information Technology Enabled (condition: NBR issued exemption Certificate required)
40 S099.10 5% 5%
Services)
Internet Service = 10% TDS 90 R-4
10% 90 R-4
41 S099.20 Ab¨vb¨ wewea †mev 15% 15% Intangible Assets Tk 25 Lac 10%, Exceed Tk 25 Lac 12% 91
Commission, Discount Fee 10%, 5%, 3% 94
42 S099.30 ¯cÝikxc †mev (Sponsorship Services) 15% 15% 10% 90 R-4
43 Gm 099.60 ‡µwWU †iwUs G‡RwÝ 7.5% 7.5% 10% 90 R-4
Space and Structure Rent/ Office Rent TDS 5% of Gross Rent
Exemption Area:(a) Factory rent (b)Space/structure fully VDS Not required. এই ভযাট হসব ভাডা অরর্র ি অর্াৎ
ত ভাডা থর্সক
used for residential purposes (C)Commercial purpose not ভযাট কর্তন হসব না
1 Gm 074.00 15% 15% 109
more than 150 square feet (d)Rent paid by ITES স্থান ও স্থাপনা ভাডা গ্রনণকা ী : ভাডা গ্রনণকা ী কর্ত তক ভাডা উপ ১৫%
organization reg. under service code S099.10 হাস ম্ূেক আদায় কর সর্ হইসব (অর্াৎ ত পর সশাসে দারয়সে র্াকা বযক্তি
(e)Showroom rent run by women entrepreneurs ভযাট আদায় ক সব)
মূসক ৬.৩ একটি নমুনা ননম্নে দেওয়া হলঃ ধনি, ভ্যাি সহ দমাি চু ক্তি মূলয ৮৬,৭৯,৬০০/=
যেখানে, ভিভি মূল্য /Base Value = ৭৫,৪৭,৪৭৮.২৬ টাকা (৬ েং কল্াম এর যোগফল্)
মূসক / VAT ১৫% = ১১,৩২,১২১.৭৪ টাকা (১০ েং কল্াম এর যোগফল্)
যমাট মূল্য (সকল্ শুল্ক ও করসহ) = ৮৬,৭৯,৬০০.০০ টাকা (১১ েং কল্াম এর যোগফল্)
এখানে, আয়কর আইে ধারা ৮৯ (ভিভধমাল্া ৩) অেুসানর উৎনস কর হার েভি ৫% হয়, তনি উৎনস
কর [Tax deducted at Source (TDS)/withholding Tax/ Source Tax] হনি ভিভি মূল্যXকর হার,
থ টাকা ৭৫,৪৭,৪৭৮.২৬ X৫%= ৩৭৭,৩৭৩.৯১ টাকা উৎনস কর /TDS কতথে হনি I
অর্াৎ
https://www.linkedin.com/in/abu-taeb-itp-ca-professional-level-
3a8816129/?lipi=urn%3Ali%3Apage%3Ad_flagship3_feed%3BkaX3fNUcRiir3vjxgR5WAQ%3D%3D
https://www.facebook.com/groups/926593715080159/
Source:
Paripatra 2023-24:
https://nbr.gov.bd/uploads/paripatra/%E0%A6%86%E0%A7%9F%E0%A6%95%E0%A6%B0_%E0%A6%AA%E0%A6%B0%E0%A6%B
F%E0%A6%AA%E0%A6%A4%E0%A7%8D%E0%A6%B0_%E0%A7%A8%E0%A7%A6%E0%A7%A8%E0%A7%A9-
%E0%A7%A8%E0%A7%AA.pdf
https://fmskillsharing.com/4-easy-steps-to-calculate-your-tax-vat-from-bill/
Taxation of goods and services is a complex and diverse area, with a range of
methods and systems in place around the world. In the Bangladesh, taxation of
goods and services is based on the Income Tax Act, 2023 & Value Added Tax &
Supplementary Duty Act 2012. This means that tax is levied on the final purchase
price of goods.
One of the main tax systems in place in the Bangladesh is the value-added tax
(VAT). This is a tax that is levied on the value added (i.e., the difference between
the price of goods and the cost of the goods’ ingredients.) In practice, it is found
that a VAT registered supplier have to follow government regulation to supply
product or service. But an unregistered supplier not willing to follow government
regulation because they are not used to VAT culture or some of them don’t how
to calculate VAT. In this blog you will learn 4 Easy Steps to Calculate your Tax &
VAT from Bill.
Here the question is Who will deduct VAT & Tax from Bill? What do you
mean base amount? How many types of Tax & VAT related bill found in
practice?
I will help you answer all these question in this post. You’ll get a practical
insight on how to calculate tax & VAT from bill. Just follow & utilize this &
boost your productivity. Let’s start.
S.R.O No.240-AIN/2021/163-VAT
2. What do you mean base amount? (See Page# 1-3 for explanation)
Answer:
“Base amount” means the higher of the –
1. Contract Value; or
2. Bill or Invoice Amount; or
3. Payment;
When any bill attaches this condition “VAT & Tax Inclusive or Tax & VAT as per
government rule” It’s means final consumer have to pay VAT & Supplier required
to pay tax.
Here attached a demo supply bill for calculated VAT & Tax
Above mention bill included a term “Including Tax & VAT”. So we have to
calculate & deduct VAT as Law (S.R.O No.240-AIN/2021/163-VAT). This bill treated
as supply. VAT rate @ 7.5%.
[N.B – If you are confused to treated a bill for supply, you have to collect
supplier BIN Certificate to identify nature of this bill.]
In practice you have found some supply bill attached this condition “VAT
Exclusive & Tax Inclusive” Though the final consumer will bear VAT but it’s
separated from bill not included in bill amount & Supplier required to pay tax.
Here attached a demo supply bill for calculated VAT & Tax
Above mention bill included a term “Exclusive VAT & Inclusive Tax”. If any bill
attached above term, you should always treat as bill amount = base value. So,
we have to calculate & deduct VAT as Law (S.R.O No.240-AIN/2021/163-VAT). This
bill treated as supply. VAT rate @ 7.5%.
In practice occasionally you have found some supply bill attached this
condition “Exclusive VAT & Tax” This type of condition arises from customer &
supplier verbal or written agreement. This bill specialty is Bill amount = Payment
amount. VAT & TAX calculated on gross up method. It’s seeming to be bear VAT
by final consumer & Supplier must pay tax but Local Practice it’s called “VAT &
TAX bear by the company”.
Calculation Process
There are three steps you should memorized.
Above mention bill included a term “Exclusive VAT & Tax”. If any bill attached
above term, you should calculate Tax amount on gross up method.
Here
Bill Amount = Payment Amount
Payment Amount = tk. 98,000
In practice rarely you have found some supply bill attached this
condition “Inclusive VAT & Exclusive Tax” This type of condition arises from
supplier end due to ignorance of Tax & VAT Law. It is not possible to calculate this
type of bill. Here two questions arise. (a) Which one (Tax & VAT) I calculate first?
(b) Is base value same if we calculate according to the condition “Inclusive VAT &
Exclusive Tax”. Let’s find out answer.
Here
Bill Amount = Payment Amount
Payment Amount = tk. 98,000 [Let’s Bill Amount = 98,000]
If any bill found this term “Inclusive VAT”. So we have to calculate & deduct VAT
as Law (S.R.O No.240-AIN/2021/163-VAT). Let’s this bill treated as supply. VAT rate
@ 7.5%.
(a)Answer: If you found this type of bill you contract with supplier for changing the
bill either “Inclusive VAT & Tax” or “Bill Exclusive VAT & Inclusive Tax”. If
supplier deny to do that you can deduct TAX & VAT both inclusive method.
Thank You