4. Reduction of tax paid by an importer
In computing the amount of tax payable on the scheduled goods, the Excise and Taxation Officer concerned shall allow the reduction of tax to the extent of the amount of tax paid, if any, under the Value added Tax or Central Sales Tax law, as may be in force in any other State or Union Territory by an importer or his authorized agent, as the case may be who had purchased the goods in that State or Union Territory ;
Provided that no reduction shall be allowed unless the imported or his authorized agent, as the case may be proves that the said tax has been paid into the Government Treasury of the concerned State or Union Territory :
Provided further that no reduction shall be allowed to an importer in case he is registered under the Punjab Value Added Tax Act, 2005 or the Central Sales Tax Act, 1956 and is liable to pay entry tax as per the provisions of Punjab Tax on Entry of Goods into Local Areas Act, 2000.
Provided further that no reduction shall be allowed to a person in case he is registered under the Punjab Value Added Tax Act, 2005 or the Central Sales Tax Act, 1956 and is liable to pay entry tax as per the provisions of Punjab Tax on Entry of Goods into Local Areas Act 2000.
Provided further that where goods imported by a person have been transported other than by Road and no entry tax has been paid by the person at any of the Information Collection Centres, he shall pay the same in the office of the Assistant Excise and Taxation Commissioner Incharge of the district within two days of such import. |