(1) Notwithstanding anything contained in other provisions of this Chapter, subject to the provisions of sub-section (2), if a specified person or any other person responsible to pay to a nonresident any sum which is taxable to such non-resident under this Act, the payer, unless he is himself liable to pay tax as an agent, shall collect or deduct tax prescribed on the payable amount, not exceeding 30% (thirty percent), at the time of making such payment.

(2) Where the Board, on the basis of the application received with the necessary documents for this purpose, is satisfied within 30 (thirty) days of the receipt of the application and issues a certificate to the effect that a non-resident does not have to pay any tax in Bangladesh due to a tax or any other reason or has to pay tax at a reduced rate, in that case the payment of tax referred to in sub-section (1) may be made without deduction of tax or with deduction of tax at a reduced rate.

(3) Tax deducted under this section shall be deemed to be the minimum tax of the recipient on the income on which such tax is deducted and shall not be adjusted against any claim.

(4) Where capital gains arise in favor of a non-resident taxpayer from the of shares of a company, the person or the authority, as the case may be, responsible for effecting the transfer of shares, shall not give any effect in respect of such transfer unless the tax payable the capital gains is paid.

(5) If any tax collected under this section is deposited in the name of a resident person, the tax under this section hall be deemed not to have been collected.

(6) Deduction of tax at source under this section shall not be applicable on remittance of the following amounts remitted to a non-resident,

(a)   arbitration Fees;         

(b)   money remitted for Hajj;

(c)   money for Priority Pass.