Gujarat Govt. remits tax payable by a registered dealer on the sales of PNG

Oct 20, 2022 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Finance Department, Gujarat on October 17, 2022 has issued a notification to remit the amount of tax at 10% out of total tax payable by a registered dealer on the turnover sales of the Piped Natural Gas (PNG). This has come into force on October 17th/18th, 2022.

The goods are sold to the household domestic consumers for the purpose of non-commercial use, subject to the following conditions namely: -

• A tax of 5% of the sales of the goods (within the state) shall be collected by the selling dealer.

• The selling dealer cannot avail of remission of tax for inter-state and commerce.

• The selling dealer shall furnish all the details to the Assessing Authority.

 

[Notification No. GHN-73-VAT-10-2022-443-S.41(1)(21)-GST Cell]

 


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