VAT on Cigarettes and Cigars in Punjab reduced to 20.5%
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Punjab VAT
PUNJAB GOVT. GAZ. (EXTRA), JANUARY 29, 2014 195
(MAGHA 9,
1935 SAKA)
GOVERNMENT OF PUNJAB
DEPARTMENT OF EXCISE AND TAXATION (EXCISE AND
TAXATION II BRANCH)
NOTIFICATION
The 25th January, 2014
No. S.O. 11/P.A. 8/2005/S.8/2014.- Whereas
the State Government is
satisfied that circumstances exist, which render
it necessary to take
immediate action in public interest;
Now, therefore, in exercise
of the powers conferred by sub-section (3) of section 8 of
the Punjab Value
Added Tax Act, 2005 (Punjab Act No. 8 of 2005), and all other
powers enabling
him in this behalf, the Governor of Punjab is pleased to make the
following
amendment in Schedule 'D' and Schedule ‘E’, appended to the said Act, with
effect from the first day of February, 2014, by dispensing with the condition
of
previous notice, namely:-
AMENDMENT
1.
In said Schedule ‘D’, the following entry shall be
added, namely:-“1 Cigarettes and Cigars”
2.
In said Schedule ‘E’, entry at Serial . No. 13
shall be omitted.
D.P.REDDY,
Financial Commissioner Taxation and
Secretary to Government of Punjab,
Department of Excise and Taxation.
421/01-2014/Pb. Govt. Press, S.A.S. Nagar
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