Punjab VAT-Rate of Advance tax on iron and steel enhanced to 3.5%
Labels:
Punjab VAT
PUNJAB GOVT. GAZ. (EXTRA), MARCH I l, 2015 29
(PHGN 20,1936 SAKA)
PART III
GOVERNMENT OF PUNJAB
DEPARTMENT OF EXCISE AND TAXATION
(EXCISE AND TAXATION-II BRANCH)
NOTIFICATION
No. s. o. 10/P.A.8/2005/S.6/2015.-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 (7)
of section 6 of the Punjab value Added Tax Act, 2005, (Punjab Act No. g of
2005), and all other powers enabling him in this behalf, the Governor of Punjab
is pleased to make the following amendment in the Government of Punjab,
Department of Excise and Taxation, Notification No. s.o.9 0/P.A.8/2005/S6/ 2013 dated the 4th October, 2013, namely:-
AMENDMENT
In the said Notification, in Serial No. 16, for item (i), the following shall
be substituted, namely:-
"(i) Iron and Steel (including its scrap) 3.5 percent
and Iron and Steel goods, specified
in clause (iv) of section 14 of the
Central Sales Tax Act, 1956, except
Wheels, Tyres, Axles, Wheel Sets and
Non-Cenvat paid Iron and Steel Scrap."
D.P. REDDY,
Financial Commissioner Taxation and
Secretary to Government of Punjab,
Department of Excise and Taxation.
Subscribe to:
Post Comments
(
Atom
)
Featured PostTCS to apply only on cash portion of sales transaction CBDT clarifiesWelcome clarification by CBDT on TCS on Cash Sale. CBDT vide Circular No. 23/2016 dt. 24 June 2016 has clarified on FAQs of stakeholde... AddThisShareThisGet updates via email, just subscribe below and click on activation link afterwards in your emailCategory
Right consultancy at right time avoids unnecessary litigation.
Popular Posts
FollowersAbout Me
FeedjitBlog Archive
WARNING
Nobody is permitted to copy or publish the articles existing on this blog on any website or on any other media without my express permission. Total PageviewsDisclaimer
No one is responsible for any claims if somebody finds that the information/opinions provided in this blog is incorrect and the blog is meant only to share knowledge and exchange views in a meaningful manner.
Useful Links
Powered by Blogger.
|
From Which Date it is applicable 11th march or 12th march ? The said notification was uploaded on pextax on 12th march at about 6 pm.