Category Archives: Punjab Value Added Tax Act

PVAT 2013 extended to Chandigarh with modifications

By | July 2, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF HOME AFFAIRS NOTIFICATION New Delhi, the 29th June, 2016 G.S.R. 636(E).—In exercise of the powers conferred by section 87 of the Punjab Reorganisation Act, 1966 (31 of 1966), the Central Government hereby extends to the Union territory of Chandigarh, the Punjab Value Added Tax… Read More »

Period of limitation expire, Assessement time can’t be extended :SC

By | March 31, 2016

Period of limitation   Facts of the Case The Assessing Officer sent notices to the respondent- assessee in Form ST-XIV forAssessment Years 2000- 01, 2001-02, 2002-03 and 2003-04., i.e., after the expiry of three years. The assessee took an objection that these notices were sent beyond the period of assessment and, therefore, it was not… Read More »

online issuance of C forms in Mohali under PUNJAB VAT

By | February 28, 2016

PUNJAB VAT Launching of Pilot Project for online issuance of C forms in SAS Nagar, Mohali The Department has launched a pilot project for online issuance of ‘C’ forms for Quarter-1 and Quarter-2 of financial year 2015-16 for District Mohali for the convenience of the dealers. Now onwards, dealer can simply enter his login ID… Read More »

Pre-deposit of 25% Total amount of tax u/s 62(5) of PVAT act is valid : P&H High Court

By | February 13, 2016

Held Right of appeal is a creature of a statute and it being a statutory right can be conditional or qualified. If the statute does not create any right of appeal, no appeal can be filed. Right to appeal is neither an absolute right nor an ingredient of natural justice, the principles of which must… Read More »

Rule 21(8) of Punjab Vat Act for reducing the Input tax credit effective from 01.4.2014:High Court

By | November 11, 2015

In the absence of any provision in the statute enabling the State of Punjab to notify rule 21(8) of the Rules with effect from January 21, 2014, the said provision would come into effect from April 1, 2014. However, since the notification by which rule 21(8) of the Rules was added to the Rules, was… Read More »