Income Tax Act 2023 Section 130

Income Tax Act 2023

¹[ Section 130 -Collection of tax from Brick Manufacturers

(as updated till Finance Act 2024)

(1) Any person responsible for granting or renewing a licence to manufacture bricks under the Brick Manufacturing and Kiln Establishment (Control) Act, 2013 (Act No. LIX of 2013) shall not grant or renew such licence unless the application for issuance or renewal of such permit is accompanied by–

(a) a tax payment certificate specifying the volume and nature of the brick field or method and nature of brick manufacturing, as the case may be; and

(b) a-challan of advance tax payment at the rate mentioned in the following table:

Table

Serial No.	Type of brick field	Advance tax rate (in taka)
(1)	(2)	(3)
1.	In case of seasonal brick field volume of which does not exceed 108000 (one lakh eight thousand) cubic feet	80000 (eighty thousand)
2.	In case of seasonal brick field volume of which exceeds108000 (one lakh eight thousand) cubic feet but does not exceed 124000 (one lakh twenty four thousand) cubic feet	120000 (one lakh twenty thousand)
3.	In case of seasonal brick field volume of which exceeds 124000 (one lakh twenty four thousand) cubic feet	160000 (one lakh sixty thousand)
4.	In case of brick field not mentioned in serial no. 1, 2 and 3	220000 (two lakh twenty thousand).

(2) Where in a year a licence is granted or renewed for more than one year, advance tax shall be deposited at the rate mentioned in sub-section (1) within 30th June in every subsequent year or years following the year in which such licence is granted or renewed.

(3) Where any brick manufacturer fails to pay advance tax in accordance with sub-section (2), the amount of advance tax payable in the subsequent year shall be determined 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 (1) in the year of payment.

(4) For the purposes of this section—

(a) “volume” means the measurement of length, breadth and height of the inner wall of the brick field;

(b) “brick field” means a place or structure where bricks are manufactured;

(c) “seasonal brick field” means a brick field where handmade bricks are manufactured and burned during the dry season. ]

1 Section 130 was substituted by section 48 of the Finance Act, 2024 (Act No. V of 2024) with effect from 1st July 2024.

Disclaimer: This is the authentic English text of the Income Tax Act 2023, as published under SRO No. 404-Law/2025 dated 08 October 2025. In the event of any inconsistency or conflict between the content on this website and the official Government publications or gazette notifications relating to laws, rules, regulations or SROs, the official Government publications and notifications shall prevail.