Representation prepared on behalf of Jalandhar Sales Tax Bar on the issue of retention of ITC on closing stock

0 comments Sunday, September 28, 2014
I along with the President of Jalandhar Taxation Bar  have prepared and written a representation on behalf of Jalandhar Taxation Bar submitted to AETC, Jalandhar II, DETC, Jalandhar Division, ETC, Punjab and Additional ETC, Punjab. This representation is mainly on the issue of retention of ITC on closing stock in case of exporters by the Designated Officers at Jalandhar relying upon section 18(2) of Punjab VAT Act, 2005.
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