Cross adjustment between CST and State tax allowable, no interest leviable for short payment0 comments Tuesday, February 3, 2015
Many a times dealers face a situation where due to technical error or clerical mistake while making payment of sales tax, tax is wrongly paid in wrong account i.e. instead of paying under the head of Central sales tax, it is paid under the head State VAT/sales tax. In such case whether adjustment between both heads can be done or not is a question which arises. All items exempted from e-trip under Punjab VAT Act, 20050 comments Monday, February 2, 2015
The Excise and Taxation Conmissioner, Punjab has exempted all the items from E-trip under Rule 64-A of Punjab VAT Rules, 2005. E-Trip is the mechanism whereby the intra-state movement of notified goods is mandatorily reported on the official website of the Department. Now after this order, E-Trip is not required to be done in respect of any item.
The order is reproduced herebelow:
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