Government
of Punjab
I.
Instructions for
filling Factsheet
1. Factsheet is to be filled only by dealers who are currently registered under PGST Act 1948 and/or CST Act 1956
2. All fields in the Factsheet need to be filled in
3. Please fill in all the details in CAPITAL letters.
4. For fields 4 and 5, please note that it is mandatory for you to register as VAT registrant if you are:
(i) a manufacturer whose annual turnover exceeds Rs. 1,00,000/–; OR
(ii) an importer, who brings goods worth more than Re 1/– into Punjab from any place outside its territorial jurisdiction (including from other States and Union Territories in India); OR
(iii) a dealer having registration under CST Act, 1956 and you wish to retain your CST status; OR
(iv) none of the above, but you have an annual turnover greater than Rs. 15,00,000/–
In case you do not fall into any of the above categories, you have the choice to opt for EITHER VAT registration OR TOT registration.
However please note that if you are a dealer registered under CST Act, 1956 and you wish to opt for a TOT registration, you will have to apply for cancellation of your CST registration
5. For field 7d, please note that bank code is mentioned in the space at the bottom of your cheque book
6. For field 8b, if authorised representative does not have a PAN, then please mark ‘Applied for’ or ‘N/A’ as applicable
7. For field 12, in case there is no additional place(s) of business other than the principal place of business then mark ‘N/A’
8. For field 12, please use the format as prescribed in Annexure I
9. For field 13, more than one boxes may be ticked if applicable. Please note that an ‘importer’ is a person who brings goods into Punjab from any place outside its territorial jurisdiction including from other States and Union Territories in India
10. In field 18, please name only the major raw materials, goods manufactured and/or goods re-sold, on the basis of value
11. Please note in case you are an exclusive ‘Kirana’ or general merchandise dealer then please write ‘General merchandise’ in field 18 c
12. Please attach a copy of your existing registration certificate(s) with the Factsheet. Please produce the original copy of your registration certificate(s) at the time of submission of Factsheet. You may take the original registration certificate(s) back with you after showing it to the officer collecting the Factsheet.
II.
Instructions for
using Annexure I of Fact sheet
1. The format is to be used for providing details about places of business other than the principal place of business
2. If required, please make additional photocopies of the Annexure and attach with the Factsheet
3. Every sheet filed in Annexure I format has to be signed by the same authorised representative who has signed on the Factsheet
1. The format is to be used for providing details about person(s) who have interest in the business; and whose details have either not been notified to the Department or have undergone changes not notified to the Department
2. If required please make additional photocopies of the Annexure and attach with Fact sheet
3. Every
sheet filed in Annexure II format has to be signed by the same
authorised representative who has signed on the Fact sheet