Punjab VAT notification levying additional tax Punjab Entry Tax notifications levying entry tax on certain goods Contacts

Friday, February 12, 2010, 3:46
GST
Articles
482 views

1. Punjab VAT notification levying additional tax(The Punjab Value Added Tax (Amendment) Ordinance, 2010 dated February 4, 2010)

Effective February 5, 2010, dealers are required to charge an additional tax calculated at 10% of the amount of tax payable. The additional tax in respect of liquor shall be effective April 1, 2010.

However, the additional tax shall not be required to be charged on the following:

declared goods, as defined under the Central Sales Tax Act, 1956
taxable turnover of a person paying turnover tax

The amount paid as additional tax shall be eligible for input tax credit.

2. Punjab Entry Tax notifications levying entry tax on certain goods(Notification Nos. S. O./P.A .9/2000/S. 3-A/2010 and S. O./P.A.9/2000/S.3-A/ 2010 dated February 1, 2010)

Effective February 5, 2010, the Government of Punjab has levied Entry Tax on specified goods. The tax shall be payable even if the tax on such goods is payable under the Punjab Value Added Tax law or the Central Sales Tax Act, 1956. The Entry Tax rates for some of the goods are given below:

Particulars	Rate of Entry Tax
Cement	12.5%
Ceramic tiles	12.5%
Diesel Generating sets	12.5%
Diesel	8.8%
Furnace oil	2%
Transformers	4%
Lubricants	12.5%
Vanaspati and refined oils	4%

Tags: additional tax, Advocate Amit Bajaj, Central Sales Tax Act, Declared goods, Punjab Entry Tax, taxable turnover

26 Comments on “Punjab VAT notification levying additional tax Punjab Entry Tax notifications levying entry tax on certain goods Contacts”

shiv mittal wrote on 12 February, 2010, 8:44
If there is any tax on whole wheat
flour (Non Branded).
Amit Bajaj Advocate wrote on 13 February, 2010, 14:40
Yes the entry tax has been imposed on branded wheat @4% under section 3A of Punjab Tax on entry of goods into local areas Act 2000.
prem wrote on 15 February, 2010, 10:48
is there input tax credit against entry tax
Amit Bajaj Advocate wrote on 16 February, 2010, 2:50
Entry tax can be adjusted u/s 3(6) of punjab Tax on Entry of goods into local areas Act 2000 against tax liability under Pvat Act and CST Act 1956
prem wrote on 16 February, 2010, 10:11
WHAT THE LIMIT OF CASH TRANSACTION IN CASE OF SALE OF FIXED ASSESTS UNDER INCOME TAX ACT. AND WHAT RULES FOLLOW FOR LOSS/PROFIT ON SALE OF FIXED ASSESTS
prem wrote on 16 February, 2010, 10:13
IS THERE FILLING OF TDS RETURN COMPULSARY IN CASE OF FREIGHT PAID TO TRANSPORTERS ONLY.(NO TDS HAS BEEN DEDUCTED)
CA Sandeep Kanoi wrote on 16 February, 2010, 10:16
In my opinion No. Government was suppose to introduce some form in which we have to furnish info regarding these transporters but same has not yet been notified.
prem wrote on 17 February, 2010, 10:37
WHAT THE LIMIT OF CASH TRANSACTION IN CASE OF SALE OF FIXED ASSESTS UNDER INCOME TAX ACT. AND WHAT RULES FOLLOW FOR LOSS/PROFIT ON SALE OF FIXED ASSESTS, PLEASE ADVICE ME
prem wrote on 17 February, 2010, 10:40
PLEASE INFROM ME THE INCOME TAX LIMITS AND THEIR CALCULATIONS
Deepak wrote on 22 March, 2010, 6:29
Please let me know the different stages defined for ITC by Punjab Excise and Taxation Department w.e.f 17/03/2010
Amit Bajaj Advocate wrote on 22 March, 2010, 16:14
As per the notification of 17-03-2010 the input tax credit on purchases can be claimed only upto the forth stage of purchases made from a importer or manufacturer.
S. Chakraborty wrote on 14 April, 2010, 11:37
Referring to Notification No. S.O._____/P.A.9/2000/S.3-A/ 2010 for DG Set.

Is it applicable for Entry of New DG Set only or
Used (old) D.G Set are also taxable @ 12.5% for entry into Jallandhar.

Pls let me know.
Madhu wrote on 20 July, 2010, 15:06
Pl. let me konw the vat at which rate to be deducted from the Contractor’s Running Bill in PWD, Punjab.
sanjeev wrote on 12 August, 2010, 16:42
how can i purchase from o/s punjab with out sales tax form for my persnal use.
AMIT BAJAJ ADVOCATE wrote on 12 August, 2010, 22:25
you will have to pay cst even if goods are purchased for personal use from outside punjab. There is no way out to escape CST
SATISH GUPTA wrote on 12 January, 2011, 14:44
Please clarify whether the entry tax is applicable in case of electricals goods also and pl provide the list of items.
JAYANT GUPTA wrote on 31 January, 2011, 11:39
is entry tax applicable for transformers if we supply directly to State electricity boards.
mohit mangal wrote on 1 March, 2011, 8:39
dear sir, wheather there is any entry tax applicable on designer cement tiles.i m a manufacturer in haryana and also want to know that if any indiviual from punjab purchase tiles from me and pay cst then what is the liability of tax for him at the time of entering goods in punjab.
SOM wrote on 2 March, 2011, 13:02
Sir,

Please tell us if there is any ENTRY TAX on Pulses in punjab if yes dt of notification

Thanks
Vijay Gupta wrote on 7 April, 2011, 23:18
Is entry Tax in Punjab abolished ??
Naresh K Gupta wrote on 8 April, 2011, 10:22
According to the news paper ans high court judgement in Punjab, No Entry tax in Punjab .
Naresh K Gupta wrote on 8 April, 2011, 10:25
According to the news paper ans high court judgement in Punjab, No Entry tax in Punjab . Check post are not collecting any tax at the time of entering the goods in Punjab State
CA. Naresh K Gupta wrote on 8 April, 2011, 10:30
Yes It Can be adjusted against the vat/ CST payable on sale of items which borne the Entry tax
rajeev kumar wrote on 27 April, 2011, 14:48
pls tell me how to calculate the entry tax i.e on which amount the tax wii be calculate with or without vat
Rakesh wrote on 29 April, 2011, 10:02
Sir,

Is entry tax applicable on old electrical motors also
sushil wrote on 22 June, 2011, 19:59
Is Entry tax and value added tax in Punjab is same