Monday, September 16, 2013

VAT ANNUAL PROCESSING FEES REVISED. VAT AUDIT IS COMPULSORY, IF SALE RS. 1 CRORE OR MORE

GOVERNMENT OF PUNJAB
DEPARTMENT OF EXCISE AND TAXATION
(EXCISE AND TAXATION-II BRANCH)
NOTIFICATION
The September, 2013
No. .- In exercise of the powers conferred by sub-section (1) of
section 70 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 rules further to amend the Punjab Value added Tax Rules, 2005, namely:-
RULES
1 (1) These rules may be called the Punjab Value Added Tax ( Amendment)
Rules, 2013.
(2) They shall come into force on and with effect from the date of their
publication in the Official Gazette.
2 In the Punjab Value Added Tax Rules, 2005 for rule 40-A, the following rule shall
be substituted, namely:-
"40-A. Annual processing fee.- Every taxable person, shall pay annual
processing fee, as specified in the Table given below, in the month of October every
year, and shall attach a receiptlchallan , as the case may be, as a proof of payment of
such fee along with the quarterly return, namely:-
TABLE
Serial Category of Dealer Amount of processing fee
No. (in rupees)
1. Dealers, who have not filed returns during the 1500
financial year 2012-13
2. Dealers, whose gross turnover was nil during the 1500
previous financial year.
3. Dealers, who have paid no tax and whose gross
turnover is up-to-rupees,-
(i) .one crore; 1500
(ii) one crore to five crore; 2500
(iii) five crore to ten crore; and 3500
(iv) ten crore and above 5000
4. All other dealers 800.".
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P.Cs, Sectt. Pnnlar
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D.P.REDDY,
Financial Commissioner Taxation and
Secretary to Government of Punjab,
Department of Excise and Taxation.
GOVERNMENT OF PUNJAB
DEPARTMENT OF EXCISE AND TAXATION
(EXCISE AND TAXATION-II BRANCH)
NOTIFICATION
The September, 2013
No. .- In exercise of the powers conferred by sub-section (1) of
section 70 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 rules further to amend the Punjab Value added Tax Rules, 2005, namely:-
RULES
1 (1) These rules may be called the Punjab Value Added Tax ( Amendment)
Rules, 2013.
(2) They shall come into force on and with effect from the date of their
publication in the Official Gazette.
2 In the Punjab Value Added Tax Rules, 2005 in rule 41, for the words "fifty lacs",
the words "one crore" shall be substituted.
D.P.REDDY,
Financial Commissioner Taxation and
Secretary to Government of Punjab,
Department of Excise and Taxation.
GOVERNMENT OF PUNJAB
DEPARTMENT OF EXCISE AND TAXATION
(EXCISE AND TAXATION-II BRANCH)
NOTIFICATION
The September, 2013
No.S.O. .- In exercise of the powers
conferred by clause (i) of section 2 read with section 3 of the Punjab Value
Added Tax, 2005 (Punjab Act NO.8 of 2005), and all other powers enabling
him in this behalf, the Governor of Punjab is pleased to appoint the
following officers mentioned in column 2 of the Table given below as
designated officers, to assist the Commissioner and is further pleased to
confer upon them, the power specified under column 3 to be exercised with
jurisdiction specified in column 1 Schedule given below, to assist the
Commissioner and is further pleased to confer upon them, the powers
specified under column (3) to be excercised within jurisdiction specified in
column (4) of the said Schedule, namely:-
SCHEDULE
Sr.No Designation of officer Extent of powers Area of
iurisd iction
1 2 3 4
1 Assistant Excise and To Act as designated Through out
Taxation Commissioner officer under sections the State.
posted in Head Office. 11,13,14,26,27,28,
29, 30, 31, 38, 39, 40,
46,47,48,49, 51, 54,
55, 56, 57, 58, 59, 60,
65, 66, 77 and 83
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F .Cs. < -crt. lJuntal'-
tJ-t<.
D. P. REDDY,
Financial Commissioner Taxation and
Secretary to Government of Punjab,
Department of Excise and Taxation.

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