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Notification of Taxes
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GOVERNMENT OF THE PUNJABEXCISE & TAXATION DEPARTMENT
Lahore dated the 30th June, 2014
No. SO.TAX(E&T)3-38/2014. In partial modification of this department'sNotification No. so.TM(E&T)3-38120t4, dated 26.06.2014. the Annex ..A,,
of the aborre mentioned notification is revised and substituted with immediateeffect. Revised Annex "A" is attached herewith.
(KHALTD MASOOD CHAUDHARY)SECRETARY TO GOVERNMENT OF THE PUN]AB
EXCISE & TAXATION DEPARTME NT
No.&-Qatecveri
A copy with a copy of the enclosures is forwarded for information andnecessary action to:-
1. The Secretary to Governor, Punjab.2. The Secretary to Chief Minister, punjab3. All Administrative Sec retaries to Government of the punjab4. The Inspector General Police, punjab
5. The Secretary, Punjab Assembly, punjab6. All Commissioners of the divisions in punjab7. The Registrar, Lahore High CouG Lahore8. The Accountant General, Punjab, Lahore9. The Director General, Excise & Taxation, punjab10. The Additional Director General, Excise & Taxation, punjab11. The Additional Secretary (General)/Staff Officer to Chief Secretary, Punjab12. The Assistant Secretary (Legislation), Punjab Assembly
A 13. The Director General, Public Relations Depaftment Punjab(,J ( j I4.-z All District Coordination Officers in Punjab
Yl (} Y{ All Directors, Excise & Taxation in Punjab' 16. All Executive District Officers (F&P) in PunjabAll Excise & Taxation Officers in PunjabAli District Accounts Officers in PunjabAll District Police Officers in PunjabThe PS to Minister, Excise & Taxation, PunjabAll Sections Officers, Excise & Taxation Depaftment, Govt of the PunjabThe Superintendent Printing Press Punjab, Lahore with the request topublish it in the Gazette Notification
17.18.19.20.2r.22.
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Deputy Secretary(Tax Payers Facilitation)
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Page 1 of 3
Annex "A"
(REVTSED 30.06.2014)
Sr.No. Type of Property Criteria for assessment
1 Cinemas/ Theatres/Auditorium/ m ultipurposehalls
Commercial rates self or rented as the case may bespecified in valuation table of the respective locality.
2 Factories/ industrial(manufacturing) unitsincluding cottage units
Residential rates notified for the locality, (self or rentedas the case may be) with following rebate for landarea:-
Upto 1 acre: Normal ratesExceeding 1 acre upto 4 acre: 20olo reductionExceeding 5 acres: 300/o reduction
The office premises being part of such properties shallbe assessed as per commercial rates prescribed for thelocality. Residential areas will be assessed as perresidential rate prescribed for the locality. Further 50%discount shall be allowed to properties with seasonaluse (Cotton Ginning Factoribs, Rice Mills, Oil Mills, IceFactories etc.)
3 Marriage Halls/ BanquetHall, Marriage Lawn/EventHall/ Marquee/ exhibitioncentres.
Self properties shall be assessed @ l7laio ofcommercial rate of valuation tables prescribed for thelocality. Rented propefties shall be assessed as perrates prescribed for commercial rented orooerties.
4 Properties built asresidential propefties butused for Offices/Educational institutions.
150% of the rates specified in the valuation table ofresidential propefties for the respective locality.
5 Hotels/Motels/GuestHouses & such otherfurnished properties.
i) In case of portion consisting of rooms/boarding/lodging units used as residentialaccommodation 40o/o of the gross annual (365days) rent shall be taken as GARV. The gross rentshall be worked out on average/normal chargesreceived per room per day.
ii) The commercial area shall be assessed self orrented as the case may be as per valuation tableprescribed for the locality.
iii) While calculating covered area, lcbby/kitchen/mosque and ancillary portion shall beexcluded.
6. Hostels 150o/o of rates specified in valuation tables for rentedresidential properties of the resoective localiW
7 Hospitals Commercial rate self or rented as the case may beprescribed for the locality.
8 Petrol Pumps/CNGStations/Car wash/Service Stations
Commercial rates self or rented as the case may be.Underground area for storage/tanks/Canopy shall alsobe accounted for as covered area.
Normal commercial rate self or rented as the case maybe, However, LOo/o reduction in case of 1st floor andfirst basement and further 5olo reduction for each
floor/basement upto maximum of 40o/o shall be allowedfor floors above and below ground floor.In case of single ownership land shall be assessed onlyonce, However, in case of individuals and differentownership land equal to the respective poftion shall
also be assessed in each case. Similarly, in case ofmultiple use of land respective rate of the relevantvaluation tables shall be applied in pro-rata manner' Itis further added that paid parking shall be assessed on
50o/o rented commercial rate of locality & free parking
Plaza and multi storeyedbuildings (buildings with atfeast 4 storeys or moreincluding basement )
25o/o of the commercial rate self or rented as the case
be meant for theCustomized Parking Plazasl
10o/o rebate for building older than 20 years upto 30years.15olo rebate for building older than 30 years.
i)
ii)
Old residential Buildings(including propertiesmentioned at serial No. 5
As per actual rent in case of rented and Rs. 1000/- per
kanal. Der annum in case of self occupation/ cultivation.
50o/o of the residential rate self or rented as the case
may be prescribed for the locality.Poultry Farms, Cattle sheds
commercial rate of valuation tables shall be applied incase of company owned properties. In this case, whole
land area shall be considered as covered area.
Actual rent in case of rented properties' SelfTransmission/Communication Towers
Land area & covered area including area having
installation/equipment shall be assessed on self/rented
commercial rates as the case may be'
Grid Stations
Commercial rates of the localities self or rented as theProperties built & used as
commercial ProPerties(including offices andcustomized educational
i) f-anO A covered area shall be assessed as per self or
rented, commercial rate of the locality.
ii) Runway Strip & Taxi area, Dry Ports Open Yards
including Logistic Tracks to be assessed at 25o/o ofthe self or rented commercial rate of the
Airport/ RunwaY StriP/ DryPorts/Open Yards.
ZOO"Zo of tfre rate of the valuation table meant for the
land area prescribed for the locality, self or rented, asOpen plot being used forcommercial purPoses
Stadium, sports comPlex
such like sPofts sites
including swimming Pools(other than those beingpart of anY residential orcommercial properties)
Race Courses/ venues orany other games or spofts
Page 2 of 3
Conrmerciat area self or rented to be assessed as
per commercial rate of lodalitY.
i,taying fields/areas to be assessed at residential
rate of the locality self or rented as the case may
be.
Open area/land other than the above to be
assessed at residential rate rented or self as the
case may be.
Page 3 of 3
20 Godowns and workshoPswith Kachha/tin sheds
50o/o of the commercial rate rented or self, as the case
mav be.
ZL Cold Storages Setf-properties shall be assessed @ L75o/o ofcommercial rate of valuation tables prescribed for the
locality. Rented properties shall be assessed as per
rates prescribed for commercial rented propefties.
However, poftion of premises being used as offices orother ancillary purposes shall be assessed as self-
occuoied commercial,
NOTE:
(i) The clarification made vide minutes of meeting held on 05.05.2012 circulated vide
letter No. SOTAX(E&T)I-11/2004(Vol-I), dated 70.06.20t2, shall remain operative
except where the same are inconsistent with the above mentioned guidelines.
(ii) Roads with 30 feet or more width shall be considered as "Main" and roads less than
30 feet shall be considered as "Off". However, this criteria shall not be applicable in
case of established/recognized commercial center{clusters duly determined by the
Assessing Authority concerned and in such cases rate of "Main" shall be applied.