THE PUNJAB GOODS AND SERVICES TAX ACT, 2017 Notification
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Body NOTIFICATION No.S.O. 69/P.A.5/2017/S.11/2017, Dated 1st November, 2017.-

In exercise of the powers conferred by subsection (1) of section 11 of the Punjab Goods and Services Tax Act, 2017 (Punjab Act No.5 of 2017), and all other powers enabling him in this behalf, the Governor of Punjab, on the recommendations of the Council, is pleased to make the following amendment on and with effect from the 13th October, 2017 in the Government of Punjab, Department of Excise and Taxation, Notification No.S.O.18/P.A.5/2017/ S.11/2017, dated the 30th June, 2017, published in the Punjab Government Gazette (Extraordinary), Part III, dated the 30th June, 2017, namely:-

AMENDMENT

In the said notification,-

(A) in the Schedule,-

(i) after S. No. 122 and the entries relating thereto, the following serial number and the entries shall be inserted, namely: -

"122A

4907

Duty Credit Scrips";

(ii) after S. No. 149 and the entries relating thereto, the following serial number and the entries shall be inserted, namely: -

"150

Supply of goods by a Government entity to Central Government, State Government, Union territory, local authority or any person specified by Central Government, State Government, Union territory or local authority, against consideration received from Central Government, State Government, Union territory or local authority in the form of grants";

(B) in the Explanation, after clause (iv), the following clause shall be inserted, namely:-

"(v) The phrase "Government Entity" shall mean an authority or a board or any other body including a society, trust, corporation, which is:-

(a) set up by an Act of Parliament or State Legislature; or

(b) established by any Government,

with ninty percent or more participation by way of equity or control, to carry out a function entrusted by the Central Government, State government, Union territory or a local authority.".

M.P. SINGH,

Additional Chief Secretary-cum-Financial

Commissioner (Taxation)

to Government of Punjab,

Department of Excise and Taxation.