Mann Cabinet gives go-ahead for amending Punjab Goods and Services Tax Act, 2017
Chandigarh, September 26, 2022: The Cabinet also gave a go-ahead to amend the Punjab Goods and Services Tax Act, 2017 for enabling ease of doing business in the state and facilitating the taxpayers.
This amendment will also help in streamlining provisions relating to refunds and rationalizing those related to the furnishing of returns. This will also ensure levying of interest only on input tax credits wrongly availed and utilized.
NOD TO WITHDRAW PROPOSAL FOR SETTING UP BULK DRUG PARK AT BATHINDA
The Cabinet also gave green signal to withdraw the proposal for setting up of Bulk Drug Park at Bathinda over the site of Thermal Plant, as this land can be judiciously utilized for citizen Centric Projects like Housing/ Modern Residential Complex/ Hotel/ Commercial projects and other projects like Plastic Park, Solar Power and others.
Pertinently, the Punjab Government had submitted a proposal for setting up of Bulk Drug Park at Bathinda (at the site of Thermal Plant, Bathinda) in the month of October 2020 under the scheme of setting up of Bulk Drug Park in the Country.
However, even after more than one and a half year the project is still hanging in the fire and waiting for the approval by Government of India (GoI).
APPROVAL TO AMEND APPENDIX-D OF PUNJAB EXCISE AND TAXATION COMMISSIONER DEPARTMENT (GROUP-A) SERVICES, RULES, 2014
The Cabinet also gave nod to amend Appendix-D of Punjab Excise and Taxation Commissioner Department (Group-A) Services, Rules, 2014 by reducing the existing departmental exams from existing seven to five.
GREEN SIGNAL TO ANNUAL ADMINISTRATIVE REPORT OF HOSPITALITY DEPARTMENT
The Cabinet also gave its approval to the Annual Administrative Report of the Department of Hospitality, Punjab, Chandigarh for the year 2021-22.