It
is for the information of all concerned readers of blog that for VAT payment
under Punjab VAT Act, 2005 two challans are required to be filled up. One is
VAT-2 and other is VAT-2A. Earlier only one consolidated challan i.e VAT-2 was
introduced in suppression of the three challans i.e VAT-2, VAT-2A and VAT-2B
w.e.f 14-12-2011. It was a relief for the common taxpayer after the
introduction of one consolidated challan in form VAT-2.
But
w.e.f 29-06-2012 rule 37(2) of Punjab VAT Rules has been amended and a new
challan VAT-2A has been again introduced which is to be used for payment of 11%
of VAT amount in the Punjab Municipal Fund’s account. So every dealer while
depositing VAT under Punjab VAT act, 2005 should use two challans in form VAT-2
and VAT-2A.
The
relevant notification and challan forms VAT-2 and VAT-2A are as follows:
GOVERNMENT
OF PUNJAB
DEPARTMENT
OF EXCISE AND TAXATION
(EXCISE
AND TAXATION-II BRANCH)
NOTIFICATION
The
29 June, 2012
No.G.S.R./32/P.A.8/2005/S.70/Amd.(43)/2012-In
exercise of the powers conferred by sub-section (1) of section 70 of the Punjab
Value Added Tax Act, 2005 (Punjab Act No. 8 of 2005), and all other, powers
enabling him in this behalf, the Governor of Punjab is pleased to make the
following rules, further to amend the Punjab Value Added Tax Rules, 2005,
namely:-
RULES
1 (1) These
rules may be called the Punjab Value Added Tax (Second Amendment) Rules, 2012.
(2) They shall come into force on and with
effect from the date of their publication in the Official Gazette.
2 In
the Punjab Value Added Tax Rules, 2005, in rule 37,for sub-rule (2), the
following shall be substituted namely:-
"(2)Eighty Nine percent of the payments,
payable under the Act or these rules, shall be made in the Challan Form VAT-2
and the eleven percent of such payments
shall be made in Form VAT-2A. These
Forms shall be available free of
cost at the office of the District
Excise and Taxation Officers."
C.S.
SHRIVASTAVA
Financial Commissioner, Taxation and
Secretary to Government of Punjab .
Department
of Excise and Taxation.
Share |
Posts
0 comments :
Post a Comment