BusinessMattersIndia.com
Best Solution to your Tax Problems...

 

INCOME TAX MATTERS ( A monthly journal on - Income tax and wealth tax- since 1999) - ( subscription for the year 2009 (TWO VOLUMES) is only Rs. 1300/-) - For subcription and to Know more click here

 

Luxury tax @ 8% imposed on hotels.

GOVERNMENT OF PUNJAB
DEPARTMENT OF EXCISE AND TAXATION
(Excise and Taxation II Branch)

NOTIFICATION
The 28th November, 2008

            NO. S.O./ P.O. /2008/S.4/2008.— In exercise of the powers conferred by section 4 of the Punjab Tax on Luxuries Ordinance, 2008 (Punjab Ordinance No. 4 of 2008), and all other powers enabling him in this behalf, the Governor of Punjab is pleased to levy with immediate effect the tax at the rate of eight percent ad valorem on all the proprietors of the hotels in respect of luxuries provided by them in the Hotels.

(S.S. Brar)
                                                          Financial Commissioner Taxation and
                                                            Secretary to Government of Punjab
                                                                        Department of Excise and Taxation
————————

          Luxury tax @ 10% imposed on Banquet Halls. [Banquet Halls include marriage palaces].

GOVERNMENT OF PUNJAB
DEPARTMENT OF EXCISE AND TAXATION
(Excise and Taxation II Branch)

NOTIFICATION
The 28th November, 2008

            NO. S.O. /P.O. /2008/S.5/2008.— In exercise of the powers conferred by section 5 of the Punjab Tax on Luxuries Ordinance, 2008 (Punjab Ordinance No. 4 of 2008), and all other powers enabling him in this behalf, the Governor of Punjab is pleased to levy with immediate effect the tax at the rate of ten percent ad valorem on all the proprietors of the Banquet Halls in respect of luxuries provided by them in the Banquet Halls.

(S.S. Brar)
                                                          Financial Commissioner Taxation and
                                                            Secretary to Government of Punjab
                                                                        Department of Excise and Taxation
——————————