pvat

Step to apply for Registration under Punjab Profession Tax

Goods and Services Tax - User Manual For Registration of Profession Tax Steps to navigate through Single Window Portal to apply for Registration under Profession Tax. 1. The investor needs to fill details like Username, First Name, Middle Name (optional), Last Name, Email, Country , Mobile No. and click Register button: 2. The system will send a confirmation emai...

Read More

One Time Settlement Scheme under Punjab VAT Act & CST Act

Goods and Services Tax - With the advent of GST and dawn of old indirect tax regime in the form of  VAT, service tax and central excise etc, the State and Central Governments are looking forward to bring an end to the litigation in the older regime and in consequence thereof we are witnessing lot of dispute resolution schemes introduced […]...

Read More

Punjab Development Tax Registration Rules, Punjab Professional Tax Registration Rules And Forms

Goods and Services Tax - Punjab State Development Tax Rules, 2018 Background: On 16th April 2018 Governor of Punjab gave assent to new act called THE PUNJAB STATE DEVELOPMENT TAX ACT, 2018, then on 19th April 2018  by its Notification in the Official Gazette of Punjab Government This act come into force from the date of its notification i.e. 19th […]...

Read More

GST Transition- Input Tax Credit of Excise Duty to VAT Dealers

Goods and Services Tax - The First step towards the transaction of GST will be the carry forwarding of the Inputs held in stock on the appointed day and its quantification thereof. Sections 139 to 142 of the GST Act, 2017 deals with transition provisions....

Read More

No entry tax on sugar in Punjab till date

Goods and Services Tax - There has been a lot of confusion off late about the levy of entry tax on import of sugar from outside the State of Punjab. The Excise and Taxation Department has been recovering entry tax on sugar imported from outside the state of Punjab. The new entry tax law legislated by Punjab Government I.e. Punjab […]...

Read More

Request to implement OTS in Punjab VAT Assessment cases of small taxpayers

Goods and Services Tax - Request to implement One Time Settlement (OTS) in VAT Assessment cases of small taxpayers from Punjab i.e. below annual turnover One Crore and avoid Exparte  orders in other cases...

Read More

Punjab VAT Annual Return due date extended to 8th December 2017

Goods and Services Tax - Extension of Due date of filing of Punjab VAT Annual return VAT-20 for year 2016-17 from 30th November 2017 to 08th December 2017 by Government of Punjab vide its Notice dated 30th November 2017....

Read More

WCT Rate in Punjab enhanced from 5% to 6%

Goods and Services Tax - Advocate Amit Bajaj Section 27 of the Punjab VAT Act, 2005 has been amended to enhance the rate of Works Contract Tax i.e   tax to be deducted from payments made to contractors and sub-contractor, from 5% to 6%. Now after the above amendment rate of WCT will be 6% under Punjab VAT Act, 2005....

Read More

Punjab VAT- proposing to amend forms VAT-1, VAT-4, VAT-15, VAT-18, VAT-19, VAT-23, VAT-24 and VAT 56 and to introduce forms VAT 61 and VAT 62

Goods and Services Tax - Punjab VAT has notified all Tax Payers, VAT consultants, CA’s and all other stake holders that Department of Excise and Taxation, Punjab is proposing to amend forms VAT-1, VAT-4, VAT-15, VAT-18, VAT-19, VAT-23, VAT-24 and VAT 56 and to introduce forms VAT 61 and VAT 62 in Punjab Value Added Tax Rules, 2005, to make it compatible with th...

Read More

Uploading of Information relating to some intra state transactions made compulsory w.e.f. 1-6-2011 in Punjab

Goods and Services Tax - At present, the information regarding goods being brought into and moving out of the state of Punjab (Inter-state transactions) is furnished at the Information Collection Centers (I.C.Cs)/ Check Posts by the dealers and consumers. Now, this process of collection of information from dealers will be extended to intra-state transactions also...

Read More

Voluntary disclosure not releases assessee from mischief of penalty proceedings

Appellate Assistant Commissioner (CT) Vs Harish Agencies (Madras High Court) - Appellate Assistant Commissioner (CT) Vs Harish Agencies (Madras High Court) 1. There cannot be any concession merely because the dealer has paid the tax in installments after issuance of pre-assessment notices and no sympathy can be exercised on the said ground. 2. The Hon’ble Supreme Court p...

Read More

HC allows Appeal under PVAT on deposit of 10% total demand instead of 25%

Kelmar (India) Exports Vs State of Punjab and others (Punjab and Haryana High Court) - Kelmar (India) Exports Vs State of Punjab and others (Punjab and Haryana High Court) Admittedly, the first appeal was filed by the petitioner along with an application for waiving off pre-deposit amount of 25%. The appeal was dismissed by the Deputy Excise and Taxation Commissioner (Admin), Ludhiana...

Read More

P&H High Court granted partial relief for deposit of 25% as pre-deposit

Technimont Pvt. Ltd. Vs State of Punjab (Punjab High Court) - Technimont Pvt. Ltd. Vs State of Punjab (Punjab High Court) On perusal of terms and conditions of contract, documents submitted by petitioner including Form ‘C’ and judgments cited, we are of the opinion that petitioner has prime facie case on merits. The respondent issued Form ‘C’ for all t...

Read More

Appellate authority cannot reduce or waive 25% pre-deposit u/s 62(5) of Punjab VAT: SC

M/s Tecnimont Pvt. Ltd. Vs State of Punjab & Others (Supreme Court of India) - M/s Tecnimont Pvt. Ltd. Vs State of Punjab & Others (Supreme Court) In this case Supreme Court reversed the decision of Punjab and Haryana High Court in the case of PSPCL ltd Vs state of Punjab wherein the HC had held that appellate authority can in appropriate cases reduce or waive 25% of pre-d...

Read More

P&H HC taken note of non issue of VAT Refund despite Order to refund

M/s GB Tools and Forgings Ltd. Vs State of Punjab and others (Punjab and Haryana High Court) - State is not refunding the amount due to the assessees despite there being orders passed in their favour or otherwise they were found entitled to the same, we direct the Financial Commissioner, Taxation, Punjab to appear in person in Court so that this avoidable litigation can be checked. He shall a...

Read More

Clarification on Rajasthan Amnesty Scheme-2021

No. F. ( ) /Tax (VAT)/Amnesty/ CCT /20-21/2696 - (19/03/2021) - Outstanding demands or disputed amounts which pertain to regular assessment and its escaped  assessment,   if any, and are   not related to evasion cases. Here the penalty, if any, as mentioned in column 4 of the Table- A, implies penalty other than the penalty imposed for evasion/avoidance of ...

Read More

Punjab State Development Tax (Amendment) Rules, 2021

Notification No. G.S.R. 16/P.A.11/2018/S.23/Amd.(1)/2021 - (26/02/2021) - Here is the summary of the latest amendment made under Punjab State Development Tax (Amendment) Rules, 2021 (PSDT) NOTIFICATION No. G.S.R. 16/P.A.11/2018/S.23/Amd. (1)/2021 dated 26.02.2021 Total 5 Amendments made: 1) Under Rule No.10 of Punjab State Development Tax (Amendment) Rules, 2021 following...

Read More

Punjab One Time Settlement of Outstanding Dues, 2021

Notification No. S.O. 11/P.A.8/2005/S.29-A/C.A.74/1956/S.9/2021. - (18/01/2021) - (1) This scheme may be called the Punjab One Time Settlement of Outstanding Dues, 2021. (2) It extends to the whole of the State of Punjab. (3) It shall come into force on and with effect from the 15th January, 2021. (4) For assessments completed till 31st December, 2020, under the relevant...

Read More

Extension of Last date of filling of Annual Return under Punjab State Development Tax

PUBLIC NOTICE BY PUNJAB GOVT; - (03/05/2019) - This is to inform all the concerned that the last date of filing of annual return under rule 11 of Punjab state Development Tax Rules, 2018 for the year 2018-19 has been extended till 30th June, 2019....

Read More

Services by Excise and Taxation Department brought under Punjab Right to Service Act, 2011

NO. 5/27/2014-2GR-2(PF)/668042/1 - (15/01/2016) - The Government of Punjab has notified the additional services, stipulated time limit, designated officers, first appellate authorities and second appellate authorities for the purpose of Section 3 of the Punjab Right To Service Act, 2011. This new notification has also brought many services provided...

Read More

Recent Posts in "pvat"

Clarification on Rajasthan Amnesty Scheme-2021

No. F. ( ) /Tax (VAT)/Amnesty/ CCT /20-21/2696 19/03/2021

Outstanding demands or disputed amounts which pertain to regular assessment and its escaped  assessment,   if any, and are   not related to evasion cases. Here the penalty, if any, as mentioned in column 4 of the Table- A, implies penalty other than the penalty imposed for evasion/avoidance of tax....

Read More

Step to apply for Registration under Punjab Profession Tax

User Manual For Registration of Profession Tax Steps to navigate through Single Window Portal to apply for Registration under Profession Tax. 1. The investor needs to fill details like Username, First Name, Middle Name (optional), Last Name, Email, Country , Mobile No. and click Register button: 2. The system will send a confirmation emai...

Read More

Voluntary disclosure not releases assessee from mischief of penalty proceedings

Appellate Assistant Commissioner (CT) Vs Harish Agencies (Madras High Court)

Appellate Assistant Commissioner (CT) Vs Harish Agencies (Madras High Court) 1. There cannot be any concession merely because the dealer has paid the tax in installments after issuance of pre-assessment notices and no sympathy can be exercised on the said ground. 2. The Hon’ble Supreme Court pointed out that the Assessing Officer sh...

Read More

Punjab State Development Tax (Amendment) Rules, 2021

Notification No. G.S.R. 16/P.A.11/2018/S.23/Amd.(1)/2021 26/02/2021

Here is the summary of the latest amendment made under Punjab State Development Tax (Amendment) Rules, 2021 (PSDT) NOTIFICATION No. G.S.R. 16/P.A.11/2018/S.23/Amd. (1)/2021 dated 26.02.2021 Total 5 Amendments made: 1) Under Rule No.10 of Punjab State Development Tax (Amendment) Rules, 2021 following proviso shall be added: Provided that t...

Read More

One Time Settlement Scheme under Punjab VAT Act & CST Act

With the advent of GST and dawn of old indirect tax regime in the form of  VAT, service tax and central excise etc, the State and Central Governments are looking forward to bring an end to the litigation in the older regime and in consequence thereof we are witnessing lot of dispute resolution schemes introduced […]...

Read More

Punjab One Time Settlement of Outstanding Dues, 2021

Notification No. S.O. 11/P.A.8/2005/S.29-A/C.A.74/1956/S.9/2021. 18/01/2021

(1) This scheme may be called the Punjab One Time Settlement of Outstanding Dues, 2021. (2) It extends to the whole of the State of Punjab. (3) It shall come into force on and with effect from the 15th January, 2021. (4) For assessments completed till 31st December, 2020, under the relevant Act, no application for settlement of d...

Read More

Request to implement OTS in Punjab VAT Assessment cases of small taxpayers

Request to implement One Time Settlement (OTS) in VAT Assessment cases of small taxpayers from Punjab i.e. below annual turnover One Crore and avoid Exparte  orders in other cases...

Read More

HC allows Appeal under PVAT on deposit of 10% total demand instead of 25%

Kelmar (India) Exports Vs State of Punjab and others (Punjab and Haryana High Court)

Kelmar (India) Exports Vs State of Punjab and others (Punjab and Haryana High Court) Admittedly, the first appeal was filed by the petitioner along with an application for waiving off pre-deposit amount of 25%. The appeal was dismissed by the Deputy Excise and Taxation Commissioner (Admin), Ludhiana Division, Ludhiana on the ground that t...

Read More

P&H High Court granted partial relief for deposit of 25% as pre-deposit

Technimont Pvt. Ltd. Vs State of Punjab (Punjab High Court)

Technimont Pvt. Ltd. Vs State of Punjab (Punjab High Court) On perusal of terms and conditions of contract, documents submitted by petitioner including Form ‘C’ and judgments cited, we are of the opinion that petitioner has prime facie case on merits. The respondent issued Form ‘C’ for all the years in question and in case [&helli...

Read More

Appellate authority cannot reduce or waive 25% pre-deposit u/s 62(5) of Punjab VAT: SC

M/s Tecnimont Pvt. Ltd. Vs State of Punjab & Others (Supreme Court of India)

M/s Tecnimont Pvt. Ltd. Vs State of Punjab & Others (Supreme Court) In this case Supreme Court reversed the decision of Punjab and Haryana High Court in the case of PSPCL ltd Vs state of Punjab wherein the HC had held that appellate authority can in appropriate cases reduce or waive 25% of pre-deposit u/s […]...

Read More

Browse All Categories

CA, CS, CMA (5,614)
Company Law (7,521)
Custom Duty (8,568)
DGFT (4,572)
Excise Duty (4,504)
Fema / RBI (4,758)
Finance (5,077)
Income Tax (37,838)
SEBI (4,043)
Service Tax (3,739)

Search Posts by Date

July 2021
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031