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Punjab Sales Tax on Services Act, 2012
Chapter-II SCOPE OF TAX
From: 2023-11-01 - To: 0000-00-00 1[16B. Tax credit not allowed.- (1) Notwithstanding anything contained in this Act or the rules, a registered person shall not be entitled to claim input tax adjustment in respect of: (a) capital goods (plant, machinery, equipment and others) not exclusively useable or used in providing taxable services; (b) goods and services already in use on which the tax is not paid, or, where paid, the input adjustment has been taken before the commencement of the Act or where the input related goods and services were purchased or acquired before such commencement; (c) utility bills not in the name of registered person with reference to his registered premises unless evidence of consumption is produced in the matter of such claims; (d) the tax claimed as input tax on services where such tax amount has not been deposited by the supplier or the service provider or where the evidence of such payment is not produced; (e) carry forward of the input tax adjustment relating to the period prior to the commencement of the Act; (f) goods and services received against false, fake, forged, flying, untrue, unreal or unrelated invoices or against purchases from the persons black listed or suspended by the Authority or by the Federal Board of Revenue or by any other Provincial authority; (g) goods and services liable to a tax rate lesser than 2[fifteen] per cent of the charges or to a specific rate of tax not based on value when used for providing or rendering any service; (h) goods and services used or consumed in a service liable to a rate of tax lesser than the 2[fifteen] per cent of the charges or to a specific rate of tax not based on value; (i) vehicles including three and two wheelers; (j) food, beverages, garments, fabrics or others and consumption on entertainment, amusement, recreation or enjoyment; (k) gift and giveaway; (l) goods or services used or to be used for any purpose other than for taxable supplies made or to be made by him; (m) goods and services acquired for personal or non-business consumption; 3[(n) goods and services not related to the taxable supplies made or services rendered by the registered person;] (o) goods and services…
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