pvat

Indian Penal Code Provisions cannot be invoked for offence under Punjab VAT

Goods and Services Tax - Tax evasion attempt is punishable under Indian Penal Code. Learn how Deepak Kumar v. State of Punjab proved that Indian Penal Code Provisions is not applicable in Punjab VAT cases....

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...

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 […]...

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 […]...

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....

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...

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....

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....

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...

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...

HC Empowered to Ease Assessee’s Pre-Deposit Amid Financial Hardship

Shiva TexFabs Ltd. Vs State of Punjab and ors. (Punjab and Haryana High Court) - Explore the Shiva TexFabs Ltd. vs. State of Punjab case. Learn how Punjab & Haryana High Court reduced pre-deposit under VAT Act due to financial hardship, setting a precedent....

Punjab VAT Act doesn’t provide registration of FIR hence IPC provisions not invocable

Deepak Kumar Vs State of Punjab (Punjab and Haryana High Court) - Punjab and Haryana High Court held that if a special provision has been made qua a particular subject (here Value Added Tax), the said subject is excluded from the general provisions (here, Indian Penal Code). Since the provisions of the VAT Act do not provide for the registration of the FIR and the...

PVAT: HC deletes penalty imposed for carrying Invoice in Mobile instead of Hard Copy

Rakesh Jewellers Vs State of Punjab (VAT Appellate Tribunal, Punjab) - Rakesh Jewellers Vs State of Punjab (VAT Appellate Tribunal, Punjab) Brief facts relevant for the decision of the present appeal are that the appellant had purchased 1KG gold bar from M/s Robiun Jewellers Pvt. Ltd., Sarafan Bazar, Hoshiarpur vide invoice dated 23.03.2017 and was transporting the sam...

Tribunal allows adjustment of pre-deposit u/s 62(5) of PVAT Act 2005

Sunyana Sales Corporation Vs State of punjab (Punjab VAT Tribunal) - Sunyana Sales Corporation Vs State of Punjab (Punjab VAT Tribunal) The Hon’ble Punjab VAT Tribunal allows adjustment of pre-deposit u/s 62(5) of PVAT Act 2005 from refund amount applied of subsequent periods. It has been laid down that despite judgement of Hon’ble Supreme Court in Tecnim...

OVAT Act- No reopening prior to 01.10.2015 if No acceptance of return filed as ‘self-assessment’

Keshab Automobiles Vs State of Odisha (Orissa High Court) - Keshab Automobiles Vs State of Odisha (Orissa High Court) A comparison of the language used in the amended Section 43 (1) of the OVAT Act with its version prior to 1st October, 2015 makes it clear that a new system has been put in place as far as reopening of returns filed as ‘self-assessmen&#...

Punjab One Time Settlement of Outstanding Dues (Second) Scheme, 2021

Notification No. S.O. 142/P.A.8/2005/S.29-A/C.A.74/1956/S.9/2021 - (17/12/2021) - (1) This scheme may be called the Punjab One Time Settlement of Outstanding Dues (Second) Scheme, 2021. (2) It extends to the whole of the State of Punjab....

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 ...

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...

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...

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....

Recent Posts in "pvat"

HC Empowered to Ease Assessee’s Pre-Deposit Amid Financial Hardship

Shiva TexFabs Ltd. Vs State of Punjab and ors. (Punjab and Haryana High Court)

Explore the Shiva TexFabs Ltd. vs. State of Punjab case. Learn how Punjab & Haryana High Court reduced pre-deposit under VAT Act due to financial hardship, setting a precedent....

Indian Penal Code Provisions cannot be invoked for offence under Punjab VAT

Tax evasion attempt is punishable under Indian Penal Code. Learn how Deepak Kumar v. State of Punjab proved that Indian Penal Code Provisions is not applicable in Punjab VAT cases....

Punjab VAT Act doesn’t provide registration of FIR hence IPC provisions not invocable

Deepak Kumar Vs State of Punjab (Punjab and Haryana High Court)

Punjab and Haryana High Court held that if a special provision has been made qua a particular subject (here Value Added Tax), the said subject is excluded from the general provisions (here, Indian Penal Code). Since the provisions of the VAT Act do not provide for the registration of the FIR and the said Act is a Code in itself, the provi...

PVAT: HC deletes penalty imposed for carrying Invoice in Mobile instead of Hard Copy

Rakesh Jewellers Vs State of Punjab (VAT Appellate Tribunal, Punjab)

Rakesh Jewellers Vs State of Punjab (VAT Appellate Tribunal, Punjab) Brief facts relevant for the decision of the present appeal are that the appellant had purchased 1KG gold bar from M/s Robiun Jewellers Pvt. Ltd., Sarafan Bazar, Hoshiarpur vide invoice dated 23.03.2017 and was transporting the same in the car. The said gold bar was [&he...

Tribunal allows adjustment of pre-deposit u/s 62(5) of PVAT Act 2005

Sunyana Sales Corporation Vs State of punjab (Punjab VAT Tribunal)

Sunyana Sales Corporation Vs State of Punjab (Punjab VAT Tribunal) The Hon’ble Punjab VAT Tribunal allows adjustment of pre-deposit u/s 62(5) of PVAT Act 2005 from refund amount applied of subsequent periods. It has been laid down that despite judgement of Hon’ble Supreme Court in Tecnimont case (which lays down that no waiver...

Punjab One Time Settlement of Outstanding Dues (Second) Scheme, 2021

Notification No. S.O. 142/P.A.8/2005/S.29-A/C.A.74/1956/S.9/2021 17/12/2021

(1) This scheme may be called the Punjab One Time Settlement of Outstanding Dues (Second) Scheme, 2021. (2) It extends to the whole of the State of Punjab....

OVAT Act- No reopening prior to 01.10.2015 if No acceptance of return filed as ‘self-assessment’

Keshab Automobiles Vs State of Odisha (Orissa High Court)

Keshab Automobiles Vs State of Odisha (Orissa High Court) A comparison of the language used in the amended Section 43 (1) of the OVAT Act with its version prior to 1st October, 2015 makes it clear that a new system has been put in place as far as reopening of returns filed as ‘self-assessmen’ is […]...

CST ‘turnover’ cannot be included for determination of tax liability/filing of Returns under TNVAT Act, 2006

Schneider Electric India Pvt. Limited Vs Assistant Commissioner (ST) (Madras High Court)

Schneider Electric India Pvt.Limited Vs Assistant Commissioner (ST) (Madras High Court) Rule 8 of the TNVAT Rules, 2007 prescribes a method of determination of ‘taxable turnover‘ for the purpose of payment of tax. It is not to be read to mean that CST ‘turnover’ is to be included either for determination of tax lia...

Appellant can’t be penalized for inability of an advocate who had expired

Chopra Generators Vs State of Punjab (VAT Tribunal, Punjab)

Chopra Generators Vs State of Punjab (VAT Tribunal, Punjab) There is a specific provision made by the legislature in its wisdom i.e. Section 64 which enables Appellate Authority to condone; the delay in the interest of justice if it is not filed within stipulated period. The First Appellate Authority has considered the plea raised before ...

PVAT: No penalty merely for issue of invoice in two consecutive serial numbers

Nandrh Sports Industries Vs State of Punjab (VAT Tribunal, Punjab)

Punjab VAT Tribunal held that merely because the invoice is issued in two consecutive serial numbers, that cannot lead to presumption of tax evasion. Hence Penalty levied u/s 51(7) (b) of Punjab VAT Act 2005 is quashed....

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