Badal releases book on Punjab VAT Act

CHANDIGARH: Punjab Chief Minister Parkash Singh Badal on Wednesday released a book on 'Punjab VAT Act' co-authored by Taxation and Business Consultants Vinod Vashisht and W C Vashisht here at Chief Minister's Office.

Speaking on the occasion, Badal appreciated the efforts of the authors in bringing out the book for the benefit of Tax Authorities, Legal and Account Professionals and Business and Industry.

He said: "This book would surely prove to be a milestone in bringing much needed awareness amongst the tax payers and consultants to ensure a transparent tax system in the society".

Badal emphasized the need to make the provisions of law which the citizens of society were expected to abide and control their day-to-day life and activities must be made easily accessible to them through such publications.

Briefing the Chief Minister, Vinod Vashisht said that this book featured section-wise commentary along with notifications and case laws.

Contained in the book are VAT Rules, VAT Forms, Incentive Conditions for Industries, VAT in Chandigarh, Constitutional Provisions and Central Sales Tax Act.