Automated statutory income tax withholding, 43-service VAT deductions at source (VDS), Section 264 non-PSR penalty assessments, and Mushak 6.6 certificate reconciliation.
Calculate statutory income tax withholding, VAT deduction at source, 50% non-PSR penalties, and generate Mushak 6.6 vouchers.
Total Withholding: BDT 36,000 (10.9%)
TDS is strictly calculated on the net base amount excluding VAT. Issue 3 copies of Mushak 6.6 to the vendor within 15 days of disbursement.
Statutory deduction summary under Income Tax Act 2023 & VAT SRO 186/2019
| Account Head | Rate % | Amount (BDT) |
|---|---|---|
| Net Base Invoice (Excl. VAT): | - | BDT 300,000 |
| Statutory VAT on Service: | 10.0% | BDT 30,000 |
| Gross Invoice Total (Incl. VAT): | - | BDT 330,000 |
| TDS Withholding (Section 89): | -2.0% | -BDT 6,000 |
| VDS Withholding (S040.00): | -10.0% | -BDT 30,000 |
| Net Disbursement to Supplier (Cheque/BEFTN): | 10.9% Ded. | BDT 294,000 |
Code: ১/১১৪১/০০০০/০১১১ (1/1141/0000/0111)
Deadline: পরবর্তী মাসের ৭ তারিখের মধ্যে (Within 7th of next month)
Code: ১/১১৩/০০০০/০৩১১ (1/113/0000/0311)
Issuance: 3 copies of Mushak 6.6 within 15 days
Official withholding tax rates on supply of goods, consultancy, rent, and dividends.
| Section | Service Head | Base Rate (TIN) | Non-TIN Rate | Non-PSR Rate | Statutory Ref |
|---|---|---|---|---|---|
| Section 89 | Supply of Goods & Execution of Contracts (Sec 89) Deduction from payment against supply of goods, work contracts, and procurement. | 2% - 5% (Slabs) | 1.5x Multiplier | 3.0% | ITA 2023 Section 89 & Rule 16 |
| Section 90 | Professional, Technical & Consultancy Services (Sec 90) Deduction from fees for professional, technical, accounting, and advisory services. | 10.0% | 15.0% | 15.0% | ITA 2023 Section 90 |
| Section 91 | House Property & Commercial Floor Rent (Sec 91) Deduction from payment of house property, commercial space, and office rent. | 5.0% | 7.5% | 7.5% | ITA 2023 Section 91 |
| Section 92 | Commission, Brokerage & Agency Fees (Sec 92) Deduction from payment of commission, remuneration, or brokerage fees. | 10.0% | 15.0% | 15.0% | ITA 2023 Section 92 |
| Section 102 | Interest / Profit on Bank Deposits & Securities (Sec 102) Deduction from interest or profit on bank savings, term deposits, and securities. | 10.0% | 15.0% | N/A | ITA 2023 Section 102 |
| Section 105 | Dividend Income from Companies (Sec 105) Deduction from dividend distribution to individuals (10%) and corporate shareholders (20%). | 10.0% | 15.0% | 15.0% | ITA 2023 Section 105 |
| Section 120 | Royalty, Franchise & Technical Know-how Fees (Sec 120) Deduction from payment of royalties, copyright licenses, and franchise fees. | 10.0% | 15.0% | 15.0% | ITA 2023 Section 120 |
| Section 124 | Clearing & Forwarding (C&F) Agency Commission (Sec 124) Deduction from commission paid to clearing and forwarding (C&F) agents. | 15.0% | 22.5% | 22.5% | ITA 2023 Section 124 |
| Section 125 | Freight Forwarding Agency Commission (Sec 125) Deduction from agency commission paid to freight forwarders. | 15.0% | 22.5% | 22.5% | ITA 2023 Section 125 |
| Section 129 | Courier & Parcel Delivery Services (Sec 129) Deduction from payments made to courier and parcel delivery firms. | 15.0% | 22.5% | 22.5% | ITA 2023 Section 129 |
| Section 134 | Media & Digital Advertisement Broadcasting (Sec 134) Deduction from advertisement broadcasting and publishing bills. | 4.0% | 6.0% | 6.0% | ITA 2023 Section 134 |
| Section 140 | Indenting Commission & International Trade Fees (Sec 140) Deduction from indenting commission earned on overseas procurement. | 8.0% | 12.0% | 12.0% | ITA 2023 Section 140 |
Official NBR service codes, VAT percentages, and mandatory withholding rates.
| NBR Code | Service Name | Statutory VAT Rate | VDS Deduction | Challan/Certificate | Statutory SRO |
|---|---|---|---|---|---|
| S040.00 | Security Services (S040.00) Security guard and surveillance agency services with mandatory 10% VDS. | 10.0% | ✓ 100% Full VDS | Mushak 6.3 & Mushak 6.6 | SRO 186/2019 Table-1 Item 18 |
| S043.00 | Cleaning & Maintenance Services (S043.00) Facility cleaning and waste management services with mandatory 10% VDS. | 10.0% | ✓ 100% Full VDS | Mushak 6.3 & Mushak 6.6 | SRO 186/2019 Table-1 Item 21 |
| S020.00 | Rent-a-Car Provider (S020.00) Vehicle leasing and chauffeur-driven rental with 15% VDS. | 15.0% | ✓ 100% Full VDS | Mushak 6.3 & Mushak 6.6 | SRO 186/2019 Table-1 Item 9 |
| S007.00 | Advertising Agency (S007.00) Creative advertising agencies and marketing campaign managers (15% VDS). | 15.0% | ✓ 100% Full VDS | Mushak 6.3 & Mushak 6.6 | SRO 186/2019 Table-1 Item 3 |
| S037.00 | Procurement Provider / Supplier (S037.00) General procurement suppliers to corporate and government bodies (7.5% VDS). | 7.5% | ✓ 100% Full VDS | Mushak 6.3 & Mushak 6.6 | SRO 186/2019 Table-1 Item 16 |
| S058.00 | Audit, Accounting & Legal Advisory Firm (S058.00) Chartered Accountants, cost auditors, and legal consultancy firms (15% VDS). | 15.0% | ✓ 100% Full VDS | Mushak 6.3 & Mushak 6.6 | SRO 186/2019 Table-1 Item 27 |
| S065.00 | Event Management & Exhibition Organizers (S065.00) Corporate conference organizers and exhibition managers (15% VDS). | 15.0% | ✓ 100% Full VDS | Mushak 6.3 & Mushak 6.6 | SRO 186/2019 Table-1 Item 31 |
| S014.00 | Printing Press & Publications (S014.00) Commercial printing of marketing collaterals and stationery (10% VDS). | 10.0% | ✓ 100% Full VDS | Mushak 6.3 & Mushak 6.6 | SRO 186/2019 Table-1 Item 6 |
| S004.00 | Construction Firm & Civil Engineering (S004.00) Civil engineering contractors and infrastructure developers (7.5% VDS). | 7.5% | ✓ 100% Full VDS | Mushak 6.3 & Mushak 6.6 | SRO 186/2019 Table-1 Item 2 |
| S048.00 | Transport Contractor & Logistics (S048.00) Freight transport and trucking contractors (10% VDS). | 10.0% | ✓ 100% Full VDS | Mushak 6.3 & Mushak 6.6 | SRO 186/2019 Table-1 Item 24 |
| S099.10 | IT Consultancy & Software Services (S099.10) Domestic software licensing and IT support services (5% VAT rate). | 5.0% | ✓ 100% Full VDS | Mushak 6.3 & Mushak 6.6 | SRO 186/2019 Table-1 Item 39 |
| S024.00 | Freight Forwarder Service (S024.00) International cargo handling and freight forwarder agency bills (15% VDS). | 15.0% | ✓ 100% Full VDS | Mushak 6.3 & Mushak 6.6 | SRO 186/2019 Table-1 Item 11 |
Authoritative guides with references to Income Tax Act 2023 & NBR Statutory Regulatory Orders
Comprehensive guide on tiered withholding tax rates on supply of goods and contract execution under Section 89 of ITA 2023.
Detailed statutory rules on deducting 10% TDS from professional, legal, technical, and accounting advisory fees under Section 90 of ITA 2023.
Statutory rules on deducting 5% TDS from commercial floor and office rent payments under Section 91 of ITA 2023.
Comprehensive guide on mandatory VAT Deduction at Source (VDS), Mushak 6.3 validation, and issuing Mushak 6.6 certificates within 15 days.
Statutory rules under Section 264 of ITA 2023 imposing a 50% higher TDS penalty on vendors and service providers failing to submit Proof of Return Submission.
Step-by-step master accounting checklist for deducting both TDS and VDS simultaneously from corporate supplier invoices in Bangladesh.
Authoritative compliance guidance based on Income Tax Act 2023 & VAT Act 2012