কমিশন, ডিসকাউন্ট, ফি, ইত্যাদি হইতে কর্তন বা উৎসে কর সংগ্রহ

(1) Any company making a payment or allowing an  amount to a distributor, called by whatever name, or to any other person by way of commission, discount, fees, incentive or performance bonus or any other  performance related incentive or any other payment or benefit of the similar nature for distribution or marketing of goods, shall deduct or collect tax at the time of payment or allowing the amount at the rate of 10% (ten percent) of the amount of payment or the amount allowed or the value of benefits allowed, as the case may be.

(2) Any company making a payment in relation to the promotion of the company or its goods to any person engaged in the distribution or marketing of the goods of the company shall, at the time of payment, deduct tax at the rate of 1.5% (one point five percent) of the payment.

(3) Any company or firm, other than an oil marketing company, which sells goods to-

            (a)   any distributor, or

            (b)   any other person under a contract,

or by any other person selling the goods at a price less than the fixed retail price, shall collect from the said distributor or any such other person a tax at the rate of 5% (five percent) on the equivalent value of B × C, where- 

B = the selling price of the company to the distributor or the other person;

C = 5% (five percent):

Provided that a cigarette manufacturing company or firm shall collect tax at the time of sale of its goods to such distributor or to such other person at the rate of 3% (three percent) of the difference between the sale price and the retail price to the distributor or the other person fixed by such company.

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