Changes to rates of tax applicable to motor vehicles - S.O.072 /P.A.5/2017/S.9/2017 - Punjab SGST

GOVERNMENT OF PUNJAB DEPARTMENT OF EXCISE AND TAXATION (EXCISE AND TAXATION-II BRNACH) NOTIFICATION The 1st November, 2017 No. S.O.72 /P.A.5/2017/S.9/2017. - In exercise of the powers conferred by subsection (1) of section 9 of the Punjab Goods and Services Tax Act, 2017 (Punjab Act No.5 of 2017), and all other powers enabling him in this behalf, the Governor of Punjab, on the recommendations of the Council, is pleased to notify the state tax on intra-State supplies of goods, the description of which is specified in column (3) of the Table below, falling under the tariff item, sub-heading, heading or Chapter as specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), as the case may be, as specified in the corresponding entry in column (2), of the Table below, at the rate specified in corresponding entry in column (4) and subject to relevant conditions annexed to this notification, if any, specified in the corresponding entry in column (5) of the Table aforesaid: TABLE Sl. No. Chapter, Heading, Sub- heading or Tariff item Description of Goods Rate Condition No. (1) (2) (3) (4) (5) 1 87 Motor Vehicles 65% of tax applicable otherwise on such goods under Notification No.S.O.16/P.A.5/2017/S.9/2017 dated, 30th June, 2017 published in the Gazette of Punjab Government, Extraordinary, Part III, dated the 30th June, 2017. 1 2 87 Motor Vehicles 65% of tax applicable otherwise on such goods under Notification No.S.O.16/P.A.5/2017/S.9/2017 dated, 30th June, 2017 published in the Gazette of Punjab Government, Extraordinary, Part III, dated the 30th June, 2017. 2 2. Provided that nothing contained in this notification shall apply on or after1st July, 2020. Explanation For the purposes of this notification, - (i) Tariff item , sub-heading heading and Chapter shall mean respectively a tariff item, heading, sub-heading and Chapter as specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975). (ii) The rules for the interpretation of the First Schedule to the said Customs Tariff Act, 1975, including the Section and Chapter Notes and the General Explanatory Notes of the First Schedule shall, so far as may be, apply to the interpretation of this notification. ANNEXURE Condition No. Condition 1. The Motor Vehicles was purchased by the lesser prior to 1st July, 2017 and supplied on lease before 1st July, 2017 2. i. The supplier of Motor Vehicle is a registered person. ii. Such supplier had purchased the Motor Vehicle prior to 1st July, 2017 and has not availed input tax credit of central excise duty, Value Added Tax or any other taxes paid on such vehicles M.P. SINGH, Additional Chief Secretary-cum-Financial Commissioner (Taxation) to Government of Punjab, Department of Excise and Taxation.