Important notifications and Circulars: December 10

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  • Notification: Jharkhand VAT/CST:
  1. Tyres, Tubes and their flaps used as inputs in course of the manufacturing of Motor Vehicles taxable @ 5% subject to certain conditions

The Jharkhand Government vide Notification No. S. O. 91 dated December 5, 2016 has amended Schedule-II Part F of the Jharkhand Value Added Tax Act, 2005 by inserting Sl. No. 7 after Serial no. 6 namely-

Sl No. Description of goods Rate of Tax   Conditions and Restrictions
7

Tyres, Tubes and their flaps used as inputs in course of the manufacturing of Motor Vehicles.

5%

This facility shall be available for the said goods sold to such manufacturers of Motor Vehicles located inside the State of Jharkhand and used by them as inputs in course of manufacturing of Motor Vehicles: subject to the condition; that such manufacturer shall issue a certificate in triplicate; as appended to this notification. The original shall be issued to the selling dealer; certifying that such goods purchased are meant for use as inputs in course of manufacturing of Motor Vehicles by them.

 

The second or duplicate copy shall be forwarded by the manufacturing dealer to that circle where such selling dealer is registered. The third copy or the counterfoil of such certificate shall be retained by the manufacturer.

Read more at: http://jharkhandcomtax.gov.in/documents/10231/0/Notification+-05-Dec-2016/f74039d7-efad-4ef6-b4b5-3b6310dc8208?version=1.0

  1. Exemption to O.S. Machines and Cell Phones having sale price upto Rs. 5000/- till March 31, 2017

The Jharkhand Government vide Notification No. S. O. 92 dated December 5, 2016 has inserted a new Serial No. 75 and 76 after serial no. 74 in the Schedule-I of the Jharkhand Value Added Tax Act, 2005 dealing with list of goods exempt from payment of vat namely,

Sl No. Description of goods
(1) (2)
75 Cell Phones not exceeding the sale price of Rs. 5000/-
76 P.O.S. Machines commonly known as Debit / Credit Card Swipe Machines

Accordingly, amendment is made in entry No. 74 of Schedule II Part-B dealing with goods in respect of which tax is leviable at all points of sale at the Rate of 5.5%  by substituting the item “cell phones”; with, ‘all varieties of cell phones not exceeding the sale price of Rs. 5000/-.

Further, this notification shall remain into effect till March 31, 2017. Thus, with effect of this notification P.O.S machines and Cell Phones having sale price below Rs. 5000/- shall remain exempt from the levy of tax till March 31, 2017.

Read more at: http://jharkhandcomtax.gov.in/documents/10231/0/Notification+-06-Dec-2016/f69f5bd9-fd21-4da6-8838-f7eca520756c?version=1.0 

  1. Omission of Rule 4A(2) of the Central Sales Tax (Jharkhand) Rules, 2006

The Jharkhand Government vide Notification No. S. O. 93 dated December 5, 2016 has amended the Notification No. S. O. 218 dated March 31, 2006 by omitting Rule 4A(2) of the Central Sales Tax (Jharkhand) Rules, 2006 with effect from July 23, 2011 as under-

(2) The declarations or certificates referred to in sub-rule (1), for the quarter(s) ending on the 30th June, the 30th September, the 31st December and the 31st March, for which period(s), the said declaration Forms or certificates are required to be submitted or received, shall be furnished before the Taxing Authority/ Sales Tax Authority, on or before the 25th day of the month, after the end of the succeeding respective quarter.

Provided the “Taxing Authority/ Sales Tax Authority”, if they are satisfied that the circumstances exit, they may allow another one month from the 25th day of the said succeeding respective quarter, for furnishing the said declarations.

Read more at: http://www.a2ztaxcorp.com/wp-content/uploads/2016/12/Notification-No-90-Jharkhand-CST-rulesdocx.docx

  1. Amendment in Notification Number S.O. 212 dated March 31, 2006 dealing with conditions, declarations etc. required for transportation of taxable goods

The Jharkhand Government vide Notification No. S. O. 94 dated December 5, 2016 has amended the Notification No. S.O. 212 dated March 31, 2006 by making following alterations namely-

  • Substitution of Rupees 50,000 (fifty thousand) with Rupees 1,00,000 (one lakh) in sub para (a) of para 1. Thus, the limit of value of taxable goods above which specified forms and declaration is to be carried and produced on demand for transportation of all taxable goods or such goods otherwise in transit etc. within the State other than stone chips, marble stones, mineral ores, coal and coke is increased from 50,000/- to Rs 100,000.
  • Substitution of Rupees 2500 (two thousand five hundred) with Rupees 5,000 (five thousand) in sub para (b) of para 1. Thus, limit of value of taxable goods above which specified forms and declaration is to be carried and produced on demand for transportation of stone chips, marble stones, mineral ores, coal and coke, bricks, potato and onion or such goods otherwise in transit or kept in transit storage within the State, is increased from  2,500/-  to Rs 5,000/-

Read more at: http://www.a2ztaxcorp.com/wp-content/uploads/2016/12/Notification-No-94-Jharkhand-VAt.docx

  1. Electrical goods purchased by registered dealers from stated industries for specified purpose taxable @ 2% subject to certain conditions and restrictions

The Jharkhand Government vide Notification No. S. O. 97 dated November 21, 2016 has amended Schedule-II part F of the Jharkhand Value Added Tax Act, 2005 thereby inserting Sl. No. 6 after Serial no. 5 namely;

Sl No. Description of goods Rate of Tax Conditions and Restrictions

6

Purchase of Electrical goods by registered dealers from industries located and registered in the State of Jharkhand for use or consumption in the Rural Electrification Project in the State of Jharkhand under Deen Dayal Upadhyaya Gram Jyoti Yojna (DDUGJY).

2%

This facility shall be available for such goods used only in the Rural Electrification Project in the State of Jharkhand subject to the condition that the purchasing dealer shall furnish a certificate in triplicate to the effect that the goods are meant for use in the Project under DDUGJY and the same is submitted by the seller before the prescribed authority. The second copy of the certificate shall be submitted by the purchasing dealer to the circle in charge where the selling dealer is registered along with the certified copy of the work order issued by Jharkhand Bijli Vitran Nigam Ltd. (JBVNL) and the third copy shall be retained by JBVNL for records.

Read more at:            http://www.a2ztaxcorp.com/wp-content/uploads/2016/12/Notification-No-97-Jharkhsnd-VAt.docx

 

  • Public Notice: Punjab VAT:
  1. Regarding migration process of existing tax payer to GST

The Punjab Government vide Public Notice dated December 8, 2016 has informed the stakeholder that migration process of existing tax payer in GST has been started by the State of Punjab and in this regard every dealer will be required to login to the GST portal from December 16, 2016 onwards, which will be available till December 31, 2016.

For this purpose, Provisional Login Ids and Passwords will be provided by the Department of Excise and Taxation to all the registered dealers and the said provisional login ids and passwords can be collected by the dealer himself or any of his legal representative on furnishing of authorization letter. Further, “User Guide for migration to GST” is also available on department’s website.

 The Punjab Government has also provided other details and information required for migration to GST.

Read more at: http://www.a2ztaxcorp.com/wp-content/uploads/2016/12/Public-Notice-regarding-GST.doc

  1. Extension in date of e-filing of Annual Statement in Form VAT-20 for Year 2015-16 till December 20, 2016 

The Punjab Government vide Public Notice dated December 10, 2016 has extended the last date of e-filing of annual Statement in Form VAT-20 for the Year 2015-16 till December 20, 2016.

Read more at:

https://www.pextax.com/PEXWAR/ShowDoc/WLP+Repository/VAT20filingdateex_10122016