Now no VAT assesment for Punjab traders with under Rs.1 crore turnover
Punjab Deputy Chief Minister Sukhbir Singh Badal Friday announced the abolition of the e-trip system for major categories besides exempting traders having a turnover less than Rs.1 crore from filing VAT (value added tax) assessment.
Badal announced abolition of the existing e-transportation of information within Punjab (e-Trip) for iron and steel, yarn, vegetable oils, mustard oil, cotton and paper board.