Special provision regarding tax payment for supply of goods and services under contract

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(1) Government entity or the public institution wholly or partially owned by Government of Nepal, while making the payment to the contractor or supplier for goods, services or both received as per an agreement or the contract, shall deposit fifty percent of the tax amount payable to such contractor or supplier in the concerned revenue heading on behalf of such contractor or supplier and only pay the remaining tax amount.
(2) Entity making payment as per Sub-rule (1) shall notify the concerned contractor or supplier that the tax amount under the concerned revenue heading has been deposited.
(3) Amount as per Sub-rule (1) shall be adjusted with the tax amount contractor or supplier has to pay

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Special provision regarding tax payment for supply of goods and services under contract

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