Schedule B of Punjab VAT Act, 2005 has been amended so as to include "Timber" and "Scaffolding" in it. Items contained in Schedule B of Punjab VAT Act are taxable @ 5.5% and after adding additional tax of 10% the rate of tax is 6.05%.
After the said amendment Timber and Scaffoldings are now taxable @ 6.05%.
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After the said amendment Timber and Scaffoldings are now taxable @ 6.05%.
The full notification is as follows:
Share |
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