Laws-4164

15 Determination of taxable turnover by a person 16 Classification of taxable turnover according to different rate of tax 17 Calculation of tax on taxable turnover 18 Conditions for input tax credit 19 Input tax credit on capital goods 20 Eligibility of input tax credit on job work 21 Inadmissibility of input tax credit in certain cases 22 Calculation of input tax credit 23 Input tax credit where identification of goods is possible 24 Input tax credit where identification of goods is not possible 25 Input tax credit on stock held on the appointed day 26 Input tax credit on duplicate invoice 27 Net tax payable 15A Gross Turnover in case of D-2, BWH-2, B-1, L-1, L-1A and L-1B licensees registered under the punjab VAT Act, 2005 17A Application Form for opting out of lump sum tax