Notification, 2020

Text

Reproduced from the document India Code holds for this instrument. The Gazette prints Hindi and English side by side and this is the English; the Department's own PDF remains the authority.

PUNJAB GOVT. GAZ. (EXTRA), MAY 5, 2020

(VYSK 15, 1942 SAKA) Regd. No. NW/CH-22 Regd. No. CHD/0092/2018-2020

EXTRAEXTRAEXTRAEXTRAEXTRAORDINARORDINARORDINARORDINARORDINARYYYYY

CHANDIGARH, TUESDAY, MAY 5, 2020

(VAISAKHA 15, 1942 SAKA) ( xxxiv )

LEGISLATIVE SUPPLEMENT

Contents Pages Part - I Acts Nil Nil Part - III Delegated Legislation 2020, dated the 05th May, 2020, containing amendment in Schedule "E" appended to the Punjab Value Added Tax Act, 2005.

Part - IV Correction Slips, Republications and Replacements Nil

PUNJAB GOVT. GAZ. (EXTRA), MAY 5, 2020

(VYSK 15, 1942 SAKA)

PART III

GOVERNMENT OF PUNJAB

DEPARTMENT OF EXCISE AND TAXATION

(EXCISE AND TAXATION-I BRANCH)

NOTIFICATION

The 5th May, 2020

No. S.O. 11/P.A.8/2005/S.8/2020.-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 amendment in Schedule “E” appended to the said Act, with effect from 6th May, 2020 (midnight of 5th and 6th May, 2020), by dispensing with the condition of previous notice, namely :-

AMENDMENT

In the said Schedule “E”,-

(i) in serial No. 1, under the heading "Rate of tax", for the figures and words "11.8 per cent", the figures and words "15.15 per cent" shall be substituted; and

(ii) in serial No. 2, under the heading "Rate of tax", for the figures and words "20.11 per cent", the figures and words "23.30 per cent" shall be substituted.

KARAN AVTAR SINGH,

Chief Secretary to Government of Punjab -cum-Financial Commissioner, Department of Excise and Taxation.