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% |
—————-
Read Other Articles from Advocate Amit Bajaj
Author Bio
ITC ALLOWED OR NOT ON BURNING LOSS IN ROLLING MILL OF IRON AND STEEL
dear sir, i am the manufacture of cement tiles and interlocking pavers, please tell me the rate of sales tax applicable on cement concrete tiles and interlocking pavers in punjab.
dear sir, is surcharge on vat applicable on lump sum tax payers brick kiln owners
Is Entry tax and value added tax in Punjab is same
Sir,
Is entry tax applicable on old electrical motors also
pls tell me how to calculate the entry tax i.e on which amount the tax wii be calculate with or without vat
Is entry Tax in Punjab abolished ??
Sir,
Please tell us if there is any ENTRY TAX on Pulses in punjab if yes dt of notification
Thanks
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.
is entry tax applicable for transformers if we supply directly to State electricity boards.
Please clarify whether the entry tax is applicable in case of electricals goods also and pl provide the list of items.
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
how can i purchase from o/s punjab with out sales tax form for my persnal use.
Pl. let me konw the vat at which rate to be deducted from the Contractor’s Running Bill in PWD, Punjab.
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.
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.
Please let me know the different stages defined for ITC by Punjab Excise and Taxation Department w.e.f 17/03/2010
PLEASE INFROM ME THE INCOME TAX LIMITS AND THEIR CALCULATIONS
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
IS THERE FILLING OF TDS RETURN COMPULSARY IN CASE OF FREIGHT PAID TO TRANSPORTERS ONLY.(NO TDS HAS BEEN DEDUCTED)
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
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
is there input tax credit against entry tax
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.
If there is any tax on whole wheat
flour (Non Branded).