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<h1>Punjab Rescinds 2017 Tax Notification Retroactively from February 2019, Ensuring Public Interest Compliance Under GST Act.</h1> The Government of Punjab, through the Department of Excise and Taxation, has rescinded Notification No. S.O.32/P.A.5/2017/S.11/2017, initially issued on June 30, 2017. This decision, made under the authority of the Punjab Goods and Services Tax Act, 2017, is based on recommendations from the Council and deemed necessary in the public interest. The rescission is effective retroactively from February 1, 2019, with exceptions for actions taken or omitted prior to this rescission. The notification was issued by the Additional Chief Secretary-cum-Financial Commissioner (Taxation) of Punjab.