Welcome Message

Assalamu-alaikum

"Thank you for seeking knowledge, You are already Genius"

VAT Deducted at Source (VDS) in Bangladesh for Year 2020-21



Bangladesh Government Set out new rate for VAT deducted at source by publishing new finance bill 2020.                                               
                                                                                                                         
2020-21

VDS Rate
1 S001.1 Hotel: A/C 15.00%
Hotel: Non -A/C 7.50%
S001.2 Restaurant :  A/C 15.00%
Restaurant :  Non-A/C 7.50%
3 S002 Decorators and caterers 15.0%
4 S003.1 Motor Garages & Workshop 10.0%
  S003.2 Dockyard 10.00%
  S004 Construction Firms 7.5%
5 S005.1 Warehouse 15.0%
6 S005.2 Port 15.0%
7 S006 Cold Storage  0.0%
8 S007 Advertising Firms 15.0%
9 S008.1 Printing Press 10.0%
10 S008.2 Binding  0.0%
11 S009 Auctioneer 10.0%
12 S010.1 Land Development Firms 2.00%
S010.2 Building Construction Firms (1-1600 Square foot) 2.0%
Building Construction Firms (1600-More Square foot) 4.5%
Building Construction Firms (Reregistration) 2.0%
13 S011.10 Video Shop 15.0%
S011.2 Video Games Shop 15.0%
S011.3 Audio & Video Recording shop 15.0%
S011.4 Audio & Video Rental Shop 15.0%
14 S012 Telephone/Tele-printer/Telex/Fax 15.0%
15 S012.14 Internet Service Provider 5.0%
16 S012.2 Sim card supplier 15.0%
17 S013 Automated Laundry 10.0%
18 S014 Indenting Firm 5.0%
19 S015.1 Freight Forwarders 15.0%
20 S015.2 Clearing & Forwarding Agents 15.0%
21 S016 Travel Agency 0.0%
22 S017 Community Center 15.0%
23 S018 Film Studio 10.0%
24 S019 Photo Maker 0.0%
25 S020 Survey Firms 15.0%
26 S021 Rental of plant and capital equipment 15.0%
27 S022 Sweet Shops 15.0%
28 S023.1 Film producers 10.0%
29 S023.2 Cinema hall 10.0%
30 S024 Furniture manufacturer 7.5%
Furniture distributor 7.5%
31 S025 WASA 15.0%
32 S026 Goldsmith, Silversmith,  Jewelers 5.0%
33 S027 Insurance Company 15.0%
34 S028 Courier & Express Mail Service 15.0%
35 S029 Astrologer 15.0%
36 S030 Beauty Parlor  15.0%
37  S031  Repair & servicing of taxable goods 10.0%
38 S032 Consultancy & Supervisory Firms 15.0%
39 S033 Lease holder 15.0%
40 S034 Audit & Accounting Firms 15.0%
41 S035 Shipping Agent 15.0%
42 S036.1 AC Bus Service 15.0%
43 S036.2 AC Launch Service 10.0%
44 S036.3 AC Railway Service 15%
45 S037 Procurement Providers 7.5%
46 S038 Arrangement of cultural program in coordination with Foreign Artist  15.0%
47 S039.1 Satellite Cable Operator 15.0%
48 S039.2 Satellite Channel Distributor 15.0%
49 S040 Security Services 10.0%
50 S041 Marriage Media 15%
51 S042 Automated Sawmill 10.0%
52 S043 Supplier of Programs to Television and Online Medium 15%
53 S044 Services by BRTA 15%
54 S045 Legal Advisors 15.0%
55 S046 Health and Fitness Centre 15.0%
56 S047 Sports Organizer 10.0%
57 S048 Transport Contractors: of petroleum products 5.0%
Transport Contractors: others 10.0%
58 S049 Rent-a-Car 15.0%
59 S050.1 Architect, Interior Designer/ Decorator 15.0%
S050.2 Graphic Designer 15.0%
60 S051 Engineering firm 15.0%
61 S052 Rental of sound and lighting system 15.0%
62 S053 Directors fee for attending Board meeting 10.0%
63 S054 Broadcasting advertisement through satellite 15.0%
64 S055 Land seller 0.0%
65 S056 Banking & Non-Banking service provider 15.0%
66 S057 Electricity Distributor 5.0%
67 S058 Rental of chartered plan and helicopter 15.0%
68 S059 Glass-sheet plating company 15.0%
69 S060 Buyer of auctioned goods  7.5%
70 S061 Credit Card Provider 15.0%
71 S062 Money exchange 15%
72 S063 Tailoring Shop & tailors 10.0%
73 S064.1 Amusement park and theme park 7.5%
74 S064.2 Picnic Spot, Shooting Spot, and tourist spot 15%
75 S065 Cleaning or Maintenance Service Providers of Building’s Floor and Yards 10.0%
76 S066 Seller of Lottery 10.0%
77 S067 Immigration advisor 15.0%
78 S068 Coaching Center 15.0%
79 S069 English Medium School 5.0%
80 S070.1 Private University 0.0%
S070.2 Private Medical & Engineering College 0.0%
81 S071 Event Management 15.0%
82 S072 Human Resource Management 15.0%
83 S073 Manpower Exporter 0.0%
84 S074 Rent of place 15.0%
85 S075 Stock & Security Broker 0.0%
86 S076 Social & sports club 10.0%
87 S077 Tour Operator 0.0%
88 S078(ka) Sale center of own brand garments/clothes 7.5%
89 S078(kha) Sale center of brand garments/clothes (except it's own)  7.5%
90 S079 Social Media or Virtual Business Removed
91 S080 Ride Sharing Service 5.0%
92 S099.1 ITES - Information Technology Enabled services 5.0%
S099.2 Other services 15.0%
S099.3 Sponsorship services 15.0%
S099.4 Meditation service 0.0%
93 S099.5 Sale of Goods through Online 5.0%
94 S099.6 Credit Rating Agency 7.50%


Post a Comment

1 Comments