AMIT BAJAJ ADVOCATE

Punjab Government has changed rate of VAT on certain items under Punjab VAT Act, 2005. These items with changed  rate of tax are as follows:

Sales made to Punjab State Power Corporation Ltd.
and Punjab State Transmission Corporation Ltd.for
generation, transmission and distribution of electrical
energy against a certificate duly filled and signed by
the Designated officer                                                                                   5%



Component, accessories and spare parts of Fire Arms,
Weapons and Ammunitions, Tank Parts sold to
Ordnance Factories under Government of India                                              5%

Sugarcane                                                                                                  2.5%

Mannualy operated machines, which donot use electrical
energy such as Charcoal Iron Press, Sewian Machine,Masala
Grinder, Juice Machine, Mincers and Wooden maker Ice Cream
Maker                                                                                                          5%