Powers of Excise & Taxation Inspectors equivalent to ETOs extended till 31-12-20120 comments Wednesday, January 11, 2012The powers of excise and Taxation Inspectors under Punjab VAT Act, 2005 to act as designated officers u/s11,13,14,26,27,28,29,30,31,32,36,38,39,40,41,45,46,47,48,49,52,53,54,55,56,57,
58,59,60,66,76,77,83, have been extended from 31st December, 2011 to 31st December, 2012. The above powers include important powers like to make assessments, levy penalties and interest, Power of audit, Provisional assessments, grant & withhold refunds, Power to search & seizure, survey etc.
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