Chapter VII
PAYMENT OF TAX BEFORE ASSESSMENT
1[53R. (1)The person responsible for granting a certificate of survey or renewing a certificate of survey under the Inland Shipping Ordinance, 1976 (Ordinance No. LXXII of 1976) shall not grant or renew such certificate of survey unless a challan of advance tax computed at the rate given in the following table is attached with the application:
Table
|
Serial No. |
Description of Vessel |
Rate |
|
(1) |
(2) |
(3) |
|
1. |
Inland ships engaged in carrying passengers in inland water |
Taka 125 per passenger (carrying capacity of an inland ship shall be the capacity of daytime plying in smooth waters) |
|
2. |
Cargo, Container (multipurpose) and Coaster engaged in carrying goods in inland water |
Taka 170 per gross tonnage |
|
3. |
Dump barge engaged in carrying goods in inland water |
Taka 125 per gross tonnage. |
(2) In case of granting a certificate of survey or renewing a certificate of survey for more than one year, advance tax under sub-section (1) shall be collected on or before 30th June in every subsequent year or years following the year in which grant of or renewal of such certificate has been done.
(3) Where any person fails to pay advance tax in accordance with sub-section (2), the amount of advance tax payable shall be calculated in accordance with A+ B formula, where-
A = the amount of advance tax not paid in the previous year or years; and
B = the amount of advance tax payable under sub-section (2) for the year in which an asseesee is making the payment.
(4) For the purpose of this section ‘inland ship’ and ‘inland water’ shall have the same meaning as defined in the Inland Shipping Ordinance, 1976 (Ordinance No. LXXII of 1976).]
