ADVANCE
TAX LEVIED ON FIVE NEW ITEMS W.E.F. 7TH MARCH, 2014 UNDER THE PUNJAB VAT ACT, 2005
Punjab Government has levied advance tax
on five new items in addition to the previous list of thirty items w.e.f. 7th
March, 2014. The list of the items added are mentioned below:
31.
Plastic Fabric and Bags 5.5%
32. Paper Board 5.5%
33. Brass 5.5%
34. Nickel 5.5%
35. Timber 5.5%
32. Paper Board 5.5%
33. Brass 5.5%
34. Nickel 5.5%
35. Timber 5.5%
The copy of notification is reproduced
for kind reference:
PUNJAB GOVT. GAZ.
(EXTRA), MARCH 11, 2014
(PHGN 20, 1935 SAKA)
403
452/03-2014/Pb. Govt. Press, S.A.S. Nagar
PART III
GOVERNMENT OF PUNJAB
DEPARTMENT OF EXCISE AND TAXATION
(EXCISE AND TAXATION-II BRANCH)
NOTIFICATION
(PHGN 20, 1935 SAKA)
403
452/03-2014/Pb. Govt. Press, S.A.S. Nagar
PART III
GOVERNMENT OF PUNJAB
DEPARTMENT OF EXCISE AND TAXATION
(EXCISE AND TAXATION-II BRANCH)
NOTIFICATION
The 7th March, 2014
No.S.O.20/P.A.8/2005/S.6/Amd.(1)/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 (7) of section 6 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 the Government of Punjab, Department of Excise
and Taxation, Notification No. S.O. 90/P.A.8/2005/ S.6/2013 dated the 04th
October, 2013, namely:-
AMENDMENT
In the said
notification, in the Table, after serial Number 30, and entry
relating thereto, the following shall be added, namely:-
31. Plastic Fabric and Bags 5.5%
32. Paper Board 5.5%
33. Brass 5.5%
34. Nickel 5.5%
35. Timber 5.5%
D.P. REDDY,
Financial Commissioner Taxation and
Secretary to Government of Punjab,
Department of Excise and Taxation
Financial Commissioner Taxation and
Secretary to Government of Punjab,
Department of Excise and Taxation