The Government of Punjab has levied Surcharge/Additional Tax @10% on all the goods under Punjab VAT Act 2005 other than those seecified as declared goods under section 14 of Central sales Tax Act 1956 with effect from 05-02-2010. However this surcharge or additional tax will be levied on Liquor with effect from 01-04-2010.
A public notice has been issued to this effect by the Government of Punjab, Excise & Taxation Department, Punjab on 04-02-2010 in the newspaper Tribune and Punjab Kesri. The ordinance has been promuglated by the Punjab Govt for levy of Surcharge/Additional tax @ 10% and the same now can be found at the official website of the Excise & Taxation Department Punjab
A public notice has been issued to this effect by the Government of Punjab, Excise & Taxation Department, Punjab on 04-02-2010 in the newspaper Tribune and Punjab Kesri. The ordinance has been promuglated by the Punjab Govt for levy of Surcharge/Additional tax @ 10% and the same now can be found at the official website of the Excise & Taxation Department Punjab
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What will tax rate if material billed @cst4% w/out Form C? Is surcharges applicable on it?.
yes the surcharge will be applicable on cst too where sale is made without C form
Surcharge is applicable
to all dealer or unresitered dealer only
If we charge surchage on sale is made without C form than Sale under 5.5 or we charge TAx 5% than 10% on tax pls. clarify sir
Surcharge is applicable on all the goods under PVAT Act other than on declared goods and is levied and collected @10% of the tax payable by a person,other than the registered person as per newly added section 8-B of PVAT Act.Registered person is a person who is having TOT registration under PVAT Act.
As per section 8(2) as ammended by Taxation Laws (Ammendment)Act of 2007 If the interstate sale is made to an unregistered dealer or without C form then the CST will be the same as the tax applicable on the goods sold under the state act. hence the surcharge will also be applicable on the CST in the abovsaid case. The cst @ 5% or 12.5% as the case may be and the Surcharge @ 10% should be seperately charged on the Invoice for more clarity
Surcharges is adjustable i.e. Purchase Surchage & Sale Surchage.
Yes the surcharge is adjustable like VAT the credit of surcharge will be given like VAT
Surcharge in Credit than it is refundable or not.
Sub section 2 of newly added section 8-B of the PVAT Act runs as under:
Except as otherwise provided in sub-section (1), the provisions of this Act shall, so far as may be, apply in relation to the additional tax, leviable under sub-section
(1) as they apply in relation to the tax, leviable under any other provision of this Act.
Thus it is clear that all the provisions of PVAT Act shall be applicable to surcharge levied, which are applicable to Value added tax.
i have purchased wheat from harayan,where it is tax free, now i am selling the non branded atta in punjab. i want to know that how i have to pay the tax in this sales? if yes, than what will be the rate of tax and why?
Surcharge is applicable is Sale without CForm
5% + 10% or only 5%
The word Non Branded Atta(Wheat) is tax free as included under entry 37 of Schedule A of PVAT Act. Hence the sale of Non branded wheat i taxfree in Punjab
As per section 8(2) of CST Act the state rate is applicable when interstate sale of goods is made without C form. The surcharge@ 10% in Punjab will be applicable on CST in case of interstate sale without C form
Dear Sir,
This 10% surcharge is to be deposited using VAT-2 & VAT-2A challans as earlier OR any new challan is available for this.
No new forms are prescribed for deposit of surcharge. The same old challans VAT-2 and VAT-2A to be used for depositing surcharge under PVAT Act.
can a registered maharashtra dealer sell cranes tyre to individual who is not registeredin punjab, as per act he is not falling under registration under punjab vat act
Sir please clarify that surcharged on cst should be deposited in CST challan or vat challan
Ram Kumar
@vaibhav a person who is not registered under PVAT Act can import the goods from outside the State of Punjab only if the goods are for personal use. If goods are for trading or manufacturing purposes then registration under PVAT Act will be required.
@Kumar: Surcharge on CST should be deposited on CST challan only
Is surchare applicable on TOT tax also
And what's the percentage of TOT tax