tag:blogger.com,1999:blog-2004257931445490362.post4089956821419939703..comments2024-03-26T15:10:46.095+05:30Comments on SIMPLE TAX INDIA: PUNJAB VAT RATES CHANGES 03.09.12 NOTIFICATIONS VAT RETURN PROCESSING CHARGESRAJ KUMARIhttp://www.blogger.com/profile/12854260124513086419noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2004257931445490362.post-46179927729685111592012-09-17T12:22:33.918+05:302012-09-17T12:22:33.918+05:30ideally the govt. should give some kind of incenti...ideally the govt. should give some kind of incentive for filing the return to the assesse as they are collecting the tax for govt. however, the govt. is doing reverse. the reasons and logics are best known to the govt. the govt. is thinking for administrative cost but not for compliance cost.unfortunately,enen after the VAT, the govt. have prescribed so many rates and surcharge which is. ofcourseAnonymoushttps://www.blogger.com/profile/06262090230679210573noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-44156399095139309572012-09-17T10:26:03.048+05:302012-09-17T10:26:03.048+05:30We do agree with you . It is a most innovative ide...We do agree with you . It is a most innovative idea that Punjab has adopted to raise revenue . In our view process must be simpler so that it will encourage small trader to comply voluntarily .Instead by introducing this vat processing charges ,small traders /marginal trader will opt out from Vat registration and which will lead to less revenue and encourages the wrong method and less compliance.RAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-51042215132852927612012-09-17T10:17:06.645+05:302012-09-17T10:17:06.645+05:30i do not know much about punjab VAT. But the proc...i do not know much about punjab VAT. But the processing charge imposed on VAT return is highly colonial in nature as dealers are providing services to government by collecting taxes on their behalf.Anonymousnoreply@blogger.com