Friday, 27 November 2015

OLD E-ICC PASSWORD MUST BE CHANGED.



OLD E-ICC PASSWORD MUST BE CHANGED.
Now all E-ICC Entries for Import or Export of Punjab should be made through new COTIS portal of pextax.com

Old user of E-ICC To get New Password, you should login to old E-ICC link. Then you will be auto instructed by server to change your old password.

Punjab Excise e-ICC Module User Training Session:
For help to Login to COTIS Portal you may go through this link https://www.youtube.com/watch?v=GZChHpzNZS8

Some New Features of new COTIS portal of E-ICC
1.    All Dealers of All over India updated by their TIN & will auto selected by enter only TIN.
2.    All Vehicles of All over India updated by their R/C Numbers & will be auto selected by enter only Vehicle No.
3.    Computer Code also auto selected by selection of Name of Commodity.


Saturday, 21 November 2015

Assessment-Re-Assessment, scope-Re-assessment made on certain audit objection-Power to make reassessment is not absolute- In the absence of any fresh material; re-assessment cannot be made-Punjab VAT Act-2005, Section 29 (7) P.D. Aggarwal Infrastructure Ltd, Hoshiarpur versus State of Punjab (PVT) 1 NTR 350



Assessment-Re-Assessment, scope-Re-assessment made on certain audit objection-Power to make reassessment is not absolute- In the absence of any fresh material; re-assessment cannot be made-Punjab VAT Act-2005, Section 29 (7) P.D. Aggarwal Infrastructure   Ltd, Hoshiarpur versus State of Punjab (PVT) 1 NTR 350



Assessment-Re-assessment –Limitation-The mandatory clause of seeking permission from the Commissioner does not provide the concession of expiry time to be added in to the limitation period of 3 years –Punjab VAT Act-2005, Section 29 (7) P.D. Aggarwal Infrastructure   Ltd, Hoshiarpur versus State of Punjab (PVT) 1 NTR 350




Thursday, 19 November 2015

last date of e-filing of VAT-20 for the year 2014-15 has been extended till 30th November, 2015.


GOVERNMENT OF PUNJAB
DEPARTMENT OF EXCISE & TAXATION
PUBLIC NOTICE

KIND ATTENTION: DEALERS/CHARTERED ACCOUNTANTS/LAWYERS/OTHER STAKEHOLDERS

This is to inform all the concerned that the last date of e-filing of VAT-20 for the year 2014-15 has been extended till 30th November, 2015.


Dated: 19th November, 2015                                                Excise & Taxation Commissioner, Punjab