Thursday, February 27, 2014

Single Stage Taxation in Punjab, vat new notification applicable from 1 st march 2014.

GOVERNMENT OF PUNJAB DEPARTMENT OF EXCISE AND TAXATION (EXCISE AND TAXATION-II BRANCH) NOTIFICATION
Dated the 21st February, 2014

S.O 17/P.A.8/2005/S.8/2014 Whereas the State Government is satisfied that circumstances exist, which render it necessary to take immediate action in public interest;

Now, therefore, in exercise of the powers conferred by sub section (3) of section 8 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 amendments in Schedules A, B’ and E’ appended to the said Act, with effect from the 1st March, 2014, by dispensing with the condition of previous notice, as the same are required to be made immediately in public interest, namely:-




1. In the said Schedule A,-

AMENDMENT


(a) in serial No. 50 and the entries relating thereto, for bracket and words (Halwai goods only), the bracket and words (Halwai Goods except branded snacks)” shall be substituted;

(b) for serial No. 87 and the entries relating thereto, the following serial Nos. and the entries shall be substituted, namely:-

The following commodities shall be tax free at the wholesaler or distributor or retailer stage provided that tax has already been paid at the first point of sale i.e manufacturer or first importers stage:-

(i) All types of Televisions, Refrigerators, Washing Machines, Microwav ovens,   Ove Toaster   Griller (OTGs),   Hom Theatres Air Conditioners, Heaters, Blowers, Vaccum Cleaners, Music Systems including CD players, VCD players, DVD players, ROs and Water Purifiers, Dish Washers and Geysers;

(ii) Kitchen Appliances i.e sandwich makers, tea/coffee makers, juicer  mixer  grinders  (JMGs),  hand  blenders,  electric  rice  cookers,  electric tandoors, induction cook tops, electric chimneys and electric fryers;

(iii) Cold Drinks, Aerated Drinks and Soda;

(iv) All types of personal care products i.e deodorants, shaving products,  beautsoaps,  shampoos,  hair  oil,  conditioners,  serums,  hair  care products,  tooth pastes, hand wash,  body wash, beauty products, hair gels, bathing gels, talcum powders, creams, anti-persiprants, petroleum jellies, baby care products, skin care lotions, sanitary napkins, after shaving lotion and tooth brush;

(v) All types of soaps and detergents i.e washing bars and soaps, fabric softeners, bleach, gentle wash, dish wash, color care and Neel;

(vi) All types of branded and packaged food products i.e chips, wafers, chocolates, toffees, chewing gums and bubble gums, ice creams, Breakfast Cereals, Muesilli, Corn Flacks, pasta, macroni, biscuits, frozen desserts, frozen ready to eat products, meal makers, instant soups , instant noodles, ready to eat

products, custard powder, bakery products, baby foods, coffee powder, ice tea, coffee premix, tea premix, jellies, ketchup and spreads;

(vii) Mineral Water;

(viii)    Processed fruits and vegetables i.e Fruit jams, pickles, fruit squash, paste, fruit drinks, fruit juice (whether in sealed container or otherwise);



branded snacks;

(ix)      Roasted or fried grams and groundnuts, namkeens and



(x)       Branded Honey;

(xi)      Branded Atta, Maida, Suji and Besan;

(xii)     Branded  Cottage  Cheese  (Paneer),  processed  cheese

including mozzarella, parmesan and other varieties of processed cheese
(xiii)    Desi Ghee;
(xiv)    Edible Oils, Vegetable Oil including gingili oil and bran

oil;



(xv)     Sweetened Flavored Milk; (xvi)    Tea excluding Green tea;
(xvii Coffee beans and seeds, cocoa pod and chicory;

(xviii)  Drugs and medicines including vaccines, syringes and

dressing, mediated  ointments produced under drug license, light liquid paraffin of
IP and other grades, medical equipments/devices and implants;

(xix)    Branded  Spices  of  all  varieties  and  forms  including cumin seed, aniseed, turmeric and dry chillies;

(xx) Mosquito repellants, toilet cleaners, wood preservatives, chemicals for killing domestic insects, termicides, phenyl and similar other products, which are not used for agricultural purpose;

(xxi) Tissue papers;

(xxii) Cups and glasses of paper and plastic; (xxiii) Branded Vermicilli. and
(c ) Serial Nos. 88, 89, 90, 91 and 92 and the entries relating thereto shall be omitted.

2. In the said Schedule B’,-

(a) in serial Nos. 12, 21, 29, 31, 33, 41, 88, 98, 109, 117, 127, 155, 156, and
159 and the entries relating thereto, shall be omitted;

(b)  iserial  No26  and  the  entries  relating  thereto,  for the  words  and brackets cottage cheese (paneer)”, the words and brackets unbranded cottage cheese (paneer), shall be substituted;

(c ) in serial No. 48 and the entries relating thereto, for the word honey”, the words unbranded honey” shall be substituted;

(d) in serial No. 81 and the entries relating thereto, the words tissue paper
shall be omitted; and

(e) in serial No. 165 and entries relating thereto, for the words and brackets sevian (Vermicilli), the words and brackets unbranded sevian (vermicelli) shall be substituted.

(3) In the said schedule E,-

(a) for Serial No. 15 and the entries relating thereto, the following serial No. and the entries shall be substituted namely:-

These following commodities shall be taxable at the first point of sale i.e manufacturer or first importers stage, at the rates specified against these entries in the Table given below, namely:-

Sr. No
Commodity Name
Rate of Tax
1
All  types  of  Televisions,  Refrigerators,  Washing  Machines,
Microwav ovens Ove Toaster   Griller (OTGs),   Home
Theatres, Air Conditioners, Heaters, Blowers, Vaccum Cleaners, Music  Systems  including  CD  playersVCD  playersDVD players, ROs and Water Purifiers, Dish Washers and Geysers
14.5 per cent
2
Kitchen  Appliances  i.e  sandwich  makers,  tea/coffee  makers,
juicer  mixer  grinders  (JMGs),  hand  blenders,  electric  rice cookers, electric tandoors, induction cook tops, electric chimneys and electric fryers
14.5 per cent
3
Cold Drinks, Aerated Drinks and Soda
22.5 per cent
4
All  types  of  personal  care  products  i.e  deodorants,  shaving
products, beauty soaps, shampoos, hair oil, conditioners, serums, hair care products,  tooth pastes, hand wash,  body wash, beauty products, hair gels, bathing gels, talcum powders, creams, anti- persiprants, petroleum jellies, baby care products, skin care lotions, sanitary napkins, after shaving lotion and tooth brush
14.5 per cent
5
All types of soaps and detergents i.e washing bars and soaps,
fabric softeners, bleach, gentle wash, dish wash, color care and
Neel
14.5 per cent
6
All  types  of  branded  and  packaged  food  products  i.e  chips,
wafers, chocolates, toffees, chewing gums and bubble gums, ice creams, Breakfast Cereals, Muesilli, Corn Flacks, pasta, macroni, biscuits, frozen desserts, frozen ready to eat products, meal makers, instant soups , instant noodles, ready to eat products,
custard powder, bakery products, baby foods, coffee powder, ice tea, coffee premix, tea premix, jellies, ketchups and spreads
14.5 per cent
7
Mineral water
14.5%
8
Processed  fruits  and  vegetables  i.e  Fruit  jams,  pickles,  fruit
squash, paste,  fruidrinksand  fruit  juice  (whether isealed container or otherwise)
6.25%
9
Roasted or fried grams and groundnuts, namkeens and branded
snacks
6.25%
10
Branded Honey
6.25%
11
Branded Atta, Maida, Suji and Besan
6.25%


12
Branded Cottage Cheese (Paneer), processed cheese including
mozzarella, parmesan and other varieties of processed cheese
6.25%
13
Desi Ghee
6.25%
14
Edible Oils, Vegetable Oil including gingili oil and bran oil
6.25%
15
Sweetened Flavored Milk
6.25%
16
Tea excluding Green tea
6.25%
17
Coffee beans and seeds, cocoa pod and chicory
6.25%
18
Drugs and medicines including vaccines, syringes and dressing,
mediated ointments produced under drug license, light liquid paraffin of IP and other grades, medical equipments/devices and implants
6.25%
19
Spices of all varieties and forms including cumin seed, aniseed,
turmeric and dry chillies
6.25%
20
Mosquito Repellants, toilet cleaners, wood preservatives,
chemicals for killing domestic insects, termicides, phenyl and similar other products, which are not used for agricultural purposes.
6.25%
21
Tissue Papers
6.25%
22
Cups and glasses of paper and plastic
6.25%
23
Branded Vermicilli
6.25%


(b) in serial Nos. 16, 17, 18, 19 and 20 and the entries relating thereto shall be omitted.




D.P. REDDY,
Financial Commissioner Taxation and Secretary to Government of Punjab, Department of Excise and Taxation.

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