OFFICE OF THE EXCISE
& TAXATION COMMISSIONER, PUNJAB
To,
All the Deputy Excise
& Taxation Commissioners (Divisions),
and
all AETC's (District Incharge) in the state.
No. DETC-VAT-2012/2 Patiala
Sub:- Collection of processing fee u/r
40-A of the Punjab VAT Rules, 2005.
Kindly note the following points
regarding the issue cited in the subject:-
1) As
per Rule 40-A of the Punjab VAT Rules, 2005, every taxable person registered
under the Punjab VAT Act, 2005 including commission agents, Brick kiln owners
and Dhaba owners shall have to pay annual processing fee of rupees eight
hundred in the month of October every
year. The proof of such payment shall be attached alongwith the quarterly
return.
2) The
taxable persons not required to file returns during the month of October shall
also pay this annual processing fee in the month of October on or before 30-10-2012.
3) Annual
processing fee is to be paid in Challan Form VAT-2. This is to be filled in
column 2(e) of the Challan Form VAT-2 under the head 'other deposits' and
should be specified as 'Processing Fee u/r 40-A for the financial year 2012-13.
The amount of processing fee shall not be added in column 2(f) of Challan Form
VAT -2 meant for the purpose of deduction of Punjab Municipal Fund. However the
amount of processing fee has to be added in col. 2(j) and 2 (k) of Challan Form
VAT-2.
4) The
entire proceeds of the processing fee shall be credited to the Head of Account
0040-Taxes on Sales, Trade etc-102 State VAT".
5) Annual
processing fee for the financial year 2012-13 shall have to be paid on or
before 30-10-2012.
Kindly
bring these facts to the notice of all the dealers, advocates and Chartered
Accountants etc. and ensure collection of processing fee well in time.
Dy. Excise &
Taxation Commissioner (VAT),
For Excise & Taxation Commissioner, Punjab .
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