Punjab VAT rate change

Effective 03 September, 2012, the rate of VAT in Punjab has been enhanced, as mentioned below:


Rate up to 02 September


Rate with effect from

03 September 2012

Goods falling  under Schedule B (Except Declared Goods i.e.Wheat, Paddy and Rice)



Declared Goods falling  under Schedule C-I (Other than Wheat, Paddy and Rice included in Schedule B )



Goods falling  under Schedule D  20% 20.5%



Goods falling  under Schedule F



Note: With respect to Goods falling under Schedule E, such as Diesel, Petrol, LPG for Domestic use, Cell phone including all its parts and Accessories etc. which are liable to tax at special rate, there is rate increase up to 0.5%

Additional Tax @10% on VAT would continue to be levied.

Source: Notification Dated 03 September, 2012 read with public notice of even date.

profile image

About eMinds Legal

eMinds Legal

eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

Leave a Reply

Your email address will not be published. Required fields are marked *

India’s Leading Compliance Software

India’s Leading Compliance Software

Get A Demo Today !

Corporate Law Referencer

Corporate Law Referencer

Corporate Law Referencer

Recent Articles

Recent Legal updates

Recent Gst Updates