https://www.taxtmi.com/article/detailed?id=5414 Punjab introduced a single point of taxation by amending Schedules A and E of the Punjab VAT Act to tax specified consumer goods only at the first point of sale (manufacturer or first importer), make subsequent wholesaler, distributor and retailer sales tax free if tax was paid initially, prescribe special first-point tax rates for listed goods, and levy a separate surcharge under the cited provision, while excluding potential industrial raw materials to avoid cascading. en-us Tue, 31 Dec 2013 10:18:31 +0530 Tue, 31 Dec 2013 10:18:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5414 Punjab introduced a single point of taxation by amending Schedules A and E of the Punjab VAT Act to tax specified consumer goods only at the first point of sale (manufacturer or first importer), make subsequent wholesaler, distributor and retailer sales tax free if tax was paid initially, prescribe special first-point tax rates for listed goods, and levy a separate surcharge under the cited provision, while excluding potential industrial raw materials to avoid cascading. Articles Value Added Tax - VAT and CST Tue, 31 Dec 2013 10:18:31 +0530 https://www.taxtmi.com/article/detailed?id=5414