Punjab VAT-Circular and Public notice on works contracts0 comments Wednesday, November 21, 2012
Punjab circular – Works contract –
TDS Deposit guideline
Circular no.01/VAT-1/2012/TD/ Dated 9-11-2012
1. The
tentative draft paragraph titled "Taxation on works contracts under
PVAT" intended for inclusion in Comptroller & Auditor General of India
Audit report (Revenue Receipts) of Punjab government for year 2011-12 has highlighted
the deficiencies in compliance to provisions of Punjab VAT Act, 2005 by various
Departments of State government.
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