#VAT# Who are required to deduct VAT at sources?

              

Following entities are eligible to withhold VAT at source.

•       Govt. Authority

•       Semi Govt. Authority

•       Autonomous Body

•       Local Authority

•       NGO registered with NGO AB or Social Welfare Department

•       Govt. Owned Enterprise

•       Bank

•       Non-Banking Financial Institution

•       Insurance Company.

•       Limited Company

•       Education Institution (post-secondary)