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Labour Laws Gujarat Ministry of Finance Gujarat Panchayats, Municipalities, Municipal Corporations and State Tax On Prof

Amendment in the minimum rate of professional tax for Dealer and Supplier as defined in Gujarat Value Added Tax Act, 2003

03-Dec-2021 | GHN-94-PFT-2021-5.3(2)(8)TH

The Finance Department, Gujarat has amended the notification no- (GHN-10) PFT-2008-S.3(2)(3)-TH, dated 1st April, 2008 which specifies the minimum rate of professional tax for the class of persons.

In Schedule, the minimum rate of professional tax for District Panchayat, Municipality & Municipal Corporation for the following class of persons has amended, namely: -

1) A Serial number 7 has been substituted, which states Dealers as defined in the Gujarat Value Added Tax Act, 2003 on the basis of annual gross turnover of all sales or of all purchase are: -
a) not more than Rs.5,00,000, Zero
b) more than Rs.5,00,000but not more than Rs.10,00,000, Rs.1250
c) more than Rs.10,00,000, Rs.2400

2) A new Serial Number 7A has been inserted, which states Supplier as defined in the Gujarat Goods and Services Tax Act, 2017 on the basis of turnover in State are: -
a) not more than Rs.5,00,000, Zero
b) more than Rs.75,00,000 but not more than Rs.10,00,000, and not registered under the Act, Zero
c) more than Rs.5,00,000 but not more than Rs.10,00,000 and registered under the Act, Rs.1250
d) more than Rs.10,00,000 whether registered under the Act or not, Rs.2400

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