Hoda Vasi.

Chowdhury & Co
In case of services/supply falling under below category, VAT will have to be deducted
at source at mentioned rates:
Rate of VAT

01.
02.
03.
04.
05.
06.
07.
08.
09.
10.
11.
12.

Service
Code
S002.00
S003.10
S003.20
S004.00
S007.00
S008.10
S009.00
S010.10
S010.20
S014.00
S020.00
S021.00

13.

S024.00

Sl. no.

Service Provider
Decorators & caterers
Motor vehicles garage and workshop
Dockyard
Construction firm
Advertising firm
Printing press
Auction firm
Land developer
Building construction firm
Indenting firm
Survey firm
Plant or capital machinery rental firm
Furniture distributors:
a. Manufacturing stage
b. Selling stage (showroom)

2014-15

2013-14

15%
7.5%
7.5%
5.5%
15%*
15%
15%
3%
3%
Omitted
15%
15%

15%
4.5%
4.5%
5.5%
15%
15%
15%
1.5%
1.5%
15%
15%
15%

6%
4%

6%
4%

15%
15%
15%
15%
15%
4%
15%
15%

15%
15%
15%
15%
15%
4%
15%
15%

2.25%
7.5%

2.25%
4.5%

15%
15%
15%
15%
15%
15%
15%
15%
4%
15%
15%
15%
15%
4.5%
15%
7.5%
Exempted

15%
15%
15%
15%
15%
15%
15%
15%
4%
15%
15%
15%
15%
4.5%
15%
7.5%
7.5%

(subject to 6% VAT challan at manufacturing stage)

14.
15.
16.
17.
18.
19.
20.
21.

S028.00
S031.00
S032.00
S033.00
S034.00
S037.00
S040.00
S045.00

22.

S048.00

23.
24.
25.
26.
27.
28.
29.
30.
31.
32.
33.
34.
35.
36.
37.
38.
39.

S049.00
S050.10
S050.20
S051.00
S052.00
S053.00
S054.00
S058.00
S060.00
S065.00
S066.00
S071.00
S072.00
S099.10
S099.20
S099.30
S099.40

Courier & express mail service

Repair & maintenance service firm
Consultancy and supervisory firm
Lessor (Izaradar)
Audit & accounting firm
Procurement provider
Security service
Legal advisor
Transport contractor:
a. Transportation of petroleum products
b. General (Except transport of food grain and
vegetable)
Rent-a-car service provider (except taxi cab)
Architect, interior designer or interior decorator
Graphic designer
Engineering firm
Sound & lighting accessories provider
Board meeting participants
Advertisement through satellite channel
Chartered air or helicopter rental firm
Buyer of auctioned goods
Cleaning & maintenance services of floors, compounds etc.
Seller of lottery ticket
Event management
Human resource supplier or management
Information Technology Enables Services
Miscellaneous services
Sponsorship services
Meditation services

* In case of advertising firm, VAT deducted at source is not applicable if Mushak-11 is certified by revenue
officer from VAT office, otherwise deduction is required.
As per S.R.O. No. 106/AIN/2014/701-Mushak, Meditation services is now under VAT exempted service.
Prepared By: Md. Zahed Sharif Sajol
E-mail: mzahed.sharif@gmail.com.......

Hoda Vasi.
Chowdhury & Co
The following service codes will fall under truncated VAT:
Rate of VAT
Sl. no.

Service
Code

01.

S001.20

02.
03.
04.
05.
06.
07.

S003.10
S003.20
S004.00
S010.10
S010.20
S019.00

08.

S024.00

Service Provider
Restaurant:
a. Non-air conditioned
b. Air conditioned
Motor vehicles garage and workshop
Dockyard
Construction firm
Land developer
Building construction firm
Producer of film or photo studios/shops
Furniture distributors:
a. Manufacturing stage
b. Selling stage (showroom)

2014-15

2013-14

7.5%
15%
7.5%
7.5%
5.5%
3%
3%
7.5%

6%
15%
4.5%
4.5%
5.5%
1.5%
1.5%
4.5%

6%
4%

6%
4%

3%

2%

15%*
15%*
15%*
4%

10%
10%
10%
4%

2.25%
7.5%

2.25%
4.5%

5%
4%
7.5%
7.5%

5%
4%
4.5%
4.5%

9%

9%

5%
4.5%
7.5%

5%
4.5%
7.5%

(subject to 6% VAT challan at manufacturing stage)

09.

11.

S026.00
S036.00
S036.10
S036.20
S036.30
S037.00

12.

S048.00

13.
14.
15.
16.

S057.00
S060.00
S067.00
S069.00

17.

S074.00

18.
19.
20.

S078.00
S099.10
S099.30

10.

Goldsmith and silversmith

Air conditioned:
a. Bus
b. Launch
c. Railway service
Procurement provider
Transport contractor:
c. Transportation of petroleum products
d. General (Except transport of food grain and
vegetable)
Electricity distributor
Buyers of auctioned goods
Immigration advisor
English medium school
Location and premises tenant
(As per SRO- 09/AIN/2011/583/Mushok dated 10.01.2011)

Seller of own branded readymade garments

Information Technology Enabled Services (ITES)
Sponsorship Services

* Air conditioned bus, launch and railway services under service code S036.10, S036.20 and S036.30
respectively have been deleted from the truncated list by Finance Act 2014, and applicable VAT rate for these
services is now standard rate i.e. 15%.

Exemption of input VAT at manufacturing stage for exporter, deemed exporter and the
company situated in EPZ (S.R.O. No. 110/AIN/2014/705-Mushak)
Exemption rate of VAT
Sl. no.
01.
02.
03.
04.
05.
06.

Service
Code
S025.00
S037.00
S040.00
S048.00
S057.00

Service Provider
Wasa
Procurement provider
Security service
Transport contractor:
Electricity distributor
Service receiver from outside of the Bangladesh

2014-15

2013-14

60%
100%
100%
100%
60%
100%

60%
0%
0%
0%
60%
0%

Prepared By: Md. Zahed Sharif Sajol

E-mail: mzahed.sharif@gmail.com.......