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80% of the additional tax payable under PVAT shall be made in the form VAT-2 and  20% in form VAT-2B.

 

GOVERNMENT OF PUNJAB
DEPARTMENT OF EXCISE AND TAXATION
(EXCISE AND TAXATION II BRANCH)
Notification

The 20  June,  2011


No. G.S.R..     /P.A. 8/2005/S.70/Amd.(  )/2011- , In exercise of the powers conferred by sub-section (1) of section 70 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 rules further to amend the Punjab Value Added Tax Rules, 2005, namely :- 
RULES

1.         (1) These rules may be called the Punjab Value Added Tax (          Amendment)  Rules, 2011.
            (2)  They shall come into force  on and with effect from the date of their publication in the official gazette.
2.         In the Punjab Value Added Tax Rules,2005 (here-in-after referred to as the said rules), in rule 37, after sub-rule (2), the following sub-rule shall be inserted, namely:-
             "(2A) Eighty percent of the additional tax payable under section 8B of the Act shall be made in the challan form VAT-2 and  twenty percent shall be made in the challan form VAT-2B.These forms shall be available free of cost at the District Excise and Taxation offices"
3.       In the said rules, after Form VAT-2A, the following Form shall be inserted, namely:-