Saturday, July 19, 2014

WORKSHEET 7 POSTPONED

Public Notice
Kind Attention: Taxable Persons/Lawyers/Chartered Accountants/Other Stakeholders

In the light of persistent demand from the various Trade Associations and Tax Bar Associations at the District and State Levels, Department of Excise and Taxation has decided to postpone the filing of Worksheet-7 regarding the calculation of ITC according to the new amendment in Section 13 (1) of Punjab VAT Act, 2005, annexed with Quarterly Return in Form VAT-15 for the 1st Quarter of 2014-15.

Please note that neither new amendment of Section 13 (1) nor the payment of tax liability for the quarter ending 30.6.2014 has been deferred. The dealers are required to file cumulative Worksheet -7 for the 1st and 2nd Quarter for the year 2014-15 along with quarterly return of 2nd Quarter ending 30-9-14.

Please contact on any of the following numbers in case of any enquiry/ information:
Sh. Amrik Singh (9872910007)
Sh. Jaspal Garg (9872910018)
Sh. Paramjit Singh (9872910024)
Sh. Pawan Garg (9872910041)

Dated: 18th July, 2014                                   Excise & Taxation Commissioner, Punjab


3 comments:

Should we use the same form to upload the return or wait for the deptt. to issue a new form.

available form in pextax.com require to fill worksheet 7 with correct value or fill with all zero value.

better for us to wait for disable option for worksheet no 7