Vidhi Codex

The Punjab Goods and Services Tax Act, 2017

The Punjab Goods and Services Tax Act, 2017

Tax201788 of 142 sections available20 chapters

This Act levies State GST (SGST) on supplies of goods and services within Punjab, alongside Central GST. It sets out what counts as a supply, how composite and mixed supplies are taxed, the time and value of supply, and the composition scheme for small taxpayers. It also covers input tax credit, registration, returns, assessment, audit, recovery, appeals, offences and penalties.

Start reading →Read full ActSections

Chapter I PRELIMINARY →

  1. 1Short title, extent and commencement
  2. 2Definitions

Chapter II ADMINISTRATION →

  1. 3Officers under this Act
  2. 4Appointment of officers
  3. 5Powers of officers
  4. 6Authority shall not exercise the powers and discharge the duties conferred or imposed on any other officer of State tax.

Chapter III LEVY AND COLLECTION OF TAX →

  1. 7Scope of supply
  2. 8Tax liability on composite and mixed supplies
  3. 9Levy and collection
  4. 10Composition levy
  5. 11Power to grant exemption from tax

Chapter IV TIME AND VALUE OF SUPPLY →

  1. 12Time of supply of goods
  2. 13Time of supply of services
  3. 14Change in rate of tax in respect of supply of goods or services
  4. 15Value of taxable supply

Chapter V INPUT TAX CREDIT →

  1. 16Eligibility and conditions for taking input tax credit
  2. 17Apportionment of credit and blocked credits
  3. 18Availability of credit in special circumstances
  4. 19Provided that where refractory bricks, moulds and dies, jigs and fixtures are supplied as scrap, the taxable person may pay tax on the transaction value of such goods determined under section15.
  5. 20Manner of distribution of credit by Input Service Distributor
  6. 21Schedule.

Chapter VI REGISTRATION →

  1. 22Persons liable for registration
  2. 23Constitution.
  3. 24Compulsory registration in certain cases

Chapter VII TAX INVOICE, CREDIT AND DEBIT NOTES →

    Chapter VIII ACCOUNTS AND RECORDS →

    1. 35Accounts and other records

    Chapter IX RETURNS →

      Chapter X PAYMENT OF TAX →

        Chapter XI REFUNDS →

          Chapter XII ASSESSMENT →

            Chapter XIII AUDIT →

              Chapter XIV INSPECTION, SEARCH, SEIZURE AND ARREST →

              1. 67Power of inspection, search and seizure

              Chapter XV DEMANDS AND RECOVERY →

              1. 73Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilised for any reason other than fraud or any wilful misstatement or suppression of facts
              2. 75General provisions relating to determination of tax
              3. 76Tax collected but not paid to Government
              4. 77Tax wrongfully collected and paid to Central Government or State Government
              5. 78Initiation of recovery proceedings
              6. 79Recovery of tax

              Chapter XVI LIABILITY TO PAY IN CERTAIN CASES →

              1. 87Liability in case of amalgamation or merger of companies
              2. 88Liability in case of company in liquidation
              3. 89Liability of directors of private company
              4. 90Provided that nothing contained in this sub-section shall apply to any personal penalty imposed on such director.
              5. 91Liability of guardians, trustees etc
              6. 92Liability of Court of Wards, etc
              7. 93Special provisions regarding liability to pay tax, interest or penalty in certain cases
              8. 94Liability in other cases

              Chapter XVII ADVANCE RULING →

              1. 95Definitions
              2. 96Constitution of Authority for Advance Ruling
              3. 97Application for advance ruling
              4. 98Procedure on receipt of application
              5. 99Constitution of Appellate Authority for Advance Ruling
              6. 100Provided that the Government may, on the recommendations of the Council, notify any Appellate Authority located in another State or Union territory to act as the Appellate Authority for the State.
              7. 101Orders of Appellate Authority
              8. 102Rectification of advance ruling
              9. 103Applicability of advance ruling
              10. 104Advance ruling to be void in certain circumstances
              11. 105Powers of Authority and Appellate Authority
              12. 106Procedure of Authority and Appellate Authority

              Chapter XVIII APPEALS AND REVISION →

              1. 107Appeals to Appellate Authority
              2. 108Powers of Revisional Authority
              3. 109Appellate Tribunal and Benches thereof
              4. 110President and Members of Appellate Tribunal, their qualification, appointment, conditions of service, etc
              5. 111Procedure before Appellate Tribunal
              6. 112Appeals to Appellate Tribunal
              7. 113Orders of Appellate Tribunal
              8. 114Financial and administrative powers of State President
              9. 115Interest on refund of amount paid for admission of appeal
              10. 116Appearance by authorised representative
              11. 117Appeal to High Court
              12. 118Appeal to Supreme Court
              13. 119Sums due to be paid notwithstanding appeal etc
              14. 120Appeal not to be filed in certain cases
              15. 121Non appealable decisions and orders

              Chapter XIX OFFENCES AND PENALTIES →

              1. 122Penalty for certain offences
              2. 123Penalty for failure to furnish information return
              3. 124Provided that the penalty imposed under this section shall not exceed five thousand rupees.
              4. 125General penalty
              5. 126General disciplines related to penalty
              6. 127Power to impose penalty in certain cases
              7. 128Power to waive penalty or fee or both
              8. 129Detention, seizure and release of goods and conveyances in transit
              9. 130Confiscation of goods or conveyances and levy of penalty
              10. 131Confiscation or penalty not to interfere with other punishments
              11. 132Punishment for certain offences
              12. 133Liability of officers and certain other persons
              13. 134Cognizance of offences
              14. 135Presumption of culpable mental state
              15. 136Relevancy of statements under certain circumstances
              16. 137Offences by Companies
              17. 138Compounding of offences

              Chapter XX TRANSITIONAL PROVISIONS →

              1. 139Migration of existing tax payers
              2. 140Transitional arrangements for input tax credit
              3. 141Transitional provisions relating to job work
              4. 142Miscellaneous transitional provisions

              Some statutory text is still being prepared for this language version.

              PDF: pending for this language.