Punjab Value Added Tax Act, 2005

Shikha Trading Co. filed a writ petition challenging the illegal sealing of its shop by Excise and Taxation officers. The Punjab High Court, besides ordering the de‑sealing, directed that a criminal case be registered against Assistant Excise and Taxation Commissioner Rishi Pal Singh, alleging that he filed a false aff…

The Punjab Value Added Tax Act, 2005 requires a 25% pre‑deposit of the additional demand before a first appeal can be entertained under Section 62(5). Assessors, including Punjab State Power Corporation, filed appeals and sought waiver of this requirement on grounds of financial hardship, challenging the provision as o…

The State of Punjab challenged the tax treatment of battery chargers sold by Nokia India with cell phones, arguing that they should attract the concessional VAT rate of 4% under entry 60(6)(g) of Schedule B of the Punjab Value Added Tax Act, 2005. The Assessing Authority, Appellate Authority and the VAT Tribunal held t…

The State of Punjab amended the Punjab Value Added Tax Rules on 25 January 2014 by inserting sub‑rule (8) in Rule 21, which allowed input tax credit (ITC) on stock of goods to be claimed at the reduced tax rate that became applicable on 1 February 2014. The amendment was made before the parent statute, the Punjab VAT A…

Punjab & Sind Bank appealed against a High Court order that upheld the State of Punjab's claim of priority over tax dues under the Punjab Value Added Tax Act, 2005, which it alleged superseded the bank's charge on the borrower’s immovable property. The State asserted a first charge under Section 35 of the 2005 Act for …

The Punjab government amended section 29 of the Punjab Value Added Tax Act, 2005 in 2013, extending the time limit for tax assessment from three to six years and inserting a new sub‑section (10A). Several assessees challenged the amendment, arguing that it was prospective, violated Articles 14 and 19, contravened natur…