hamburger
×
Digit General Insurance Logo
Powered By Digit
Switch to Digit Insurance

Quick Claim Process

Affordable Premium

VAT in Punjab

What Is Value Added Tax?

What Are the VAT Rates for Goods or Services in Punjab?

Schedules

Applicable Goods or Services

VAT Rates in Punjab

Schedule A

Animal-driven agricultural implements, textiles

Exempted

Fresh vegetables and fruits, tractor-driven agricultural implements

Power implements, and goods exported to other countries.

Goods exported by Export Oriented Units (EOU), commodities and goods sold from Domestic Tariff Area (DTA) to Special Economic Zones (SEZ) and Export Oriented Units (EOU), commodities sold between SEZ and EOU.

Manually operated agricultural implements, paper and newsprint

Lifesaving drugs, renewable energy materials, and kerosene,

Schedule B

Non-manually operated agricultural implements, sports goods

4%

Hospital equipment, bulk drugs, kitchenware

Communications equipment, etc., intangible goods such as rep licences, patents, and copyrights also fall under Schedule B of the Punjab Commercial Tax Act

Schedule C

Gold, silver, and platinum ornaments, noble metals and ornaments, bullions, and precious stones

1%

Schedule D

More than 159 goods. These are arms and ammunition, aeroplanes and other aircraft, cosmetics, advertising hoardings, and electronic goods, among the many other commodities.

13.5%

Who Should Pay VAT in Punjab?

What Are the Necessary Documents for Registration?

How to Pay for VAT Registration Fee in Punjab Online?

How to File a Return Against the VAT Payment in Punjab?

How Is VAT Different From GST in Punjab?

Frequently Asked Questions