Friday, February 5, 2010

Surcharge Additional Tax levied under PVAT Act

The Government of Punjab has levied Surcharge/Additional Tax @10% on all the goods under Punjab VAT Act 2005 other than Declared Goods under section 14 of Central sales Tax Act 1956 with effect from 05-02-2010. However this surcharge or additional tax will be levied on Liquor with effect from 01-04-2010.
(Public notice by Excise & Taxation Department, Punjab on 04-02-2010 in the Tribune & Punjab Kesri).

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