7. VAT to be withheld regardless of registration status.
(1) A withholding agent shall withhold forty per cent of the VAT due on every prescribed payment, whether or not the supplier has included VAT in the price and irrespective of the registration status of the supplier.
(2) Where a prescribed payment equal to or in excess of the registration threshold under section 21(a) of the Act is due to a supplier, a withholding agent shall —
(a) not pay the supplier unless the supplier is a VAT registrant; and
(b) – upon registration of the supplier deduct from the payment forty per cent of the VAT due thereon.
….
Source gov.bs
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