Schedule B of Punjab VAT Act amended Timber and scaffolding included

0 comments Wednesday, January 2, 2013

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%.
Read On
Subscribe to: Posts ( Atom )