1000
PUNJAB GOVT. GAZ.(EXTRA), SEPTEMBER 11, 2026
(BHDR 20, 1948 SAKA)
EXTRAORDINARY
Published by Authority
CHANDIGARH, FRIDAY, SEPTEMBER 11, 2026
(BHADRA 20, 1948 SAKA)
LEGISLATIVE SUPPLEMENT
Contents Pages
Part - I Acts
.. 1001-1002
The Punjab Goods and Services Tax (Amendment) Act, 2026. (Punjab Act No. 12 of 2026)
Part - II Ordinances
Nil
Part - III Delegated Legislation
Nil
Part - IV Correction Slips, Republications and
Replacements
Nil
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( cix ) 1001
PUNJAB GOVT. GAZ.(EXTRA), SEPTEMBER 11, 2026
(BHDR 20, 1948 SAKA)
PART-I
GOVERNMENT OF PUNJAB
DEPARTMENT OF LEGAL AND LEGISLATIVE AFFAIRS, PUNJAB
NOTIFICATION
The 11th September, 2026
No.14-Leg./2026.- The following Act of the Legislature of the State
of Punjab received the assent of the Governor of Punjab on the 01st day of
September, 2026, is hereby published for general information :-
THE PUNJAB GOODS AND SERVICES TAX (AMENDMENT)
ACT, 2026
(Punjab Act No.12 of 2026)
AN
ACT
further to amend the Punjab Goods and Services Tax Act, 2017.
BE it enacted by the Legislature of the State of Punjab in the
Seventy-seventh Year of the Republic of India, as follows:-
1. (1) This Act may be called the Punjab Goods and Services Tax (Amendment) Short title and commencement.
Act, 2026.
(2) It shall come into force on such date as the Government of Punjab may, by
notification in the Official Gazette, appoint.
2. In the Punjab Goods and Services Tax Act, 2017 (hereinafter referred to
as the principal Act), in section 15, in sub-section (3), for clause (b), the
Amendment in section 15 of Punjab Act 5 of 2017.
following clause shall be substituted, namely:––
"(b) after the supply has been effected, if for such discount, a credit note has
been issued by the supplier and input tax credit as is attributable to such discount
has been reversed by the recipient of the supply, in accordance with the
provisions of section 34.".
3. In the principal Act, in section 34, in sub-section (1), after the words "both
supplied are found to be deficient", the words, brackets, letter and figures "or
Amendment in section 34 of Punjab Act 5 of 2017.
where a discount referred to in clause (b) of sub-section (3) of section 15 is
given" shall be inserted.
1002
PUNJAB GOVT. GAZ.(EXTRA), SEPTEMBER 11, 2026
(BHDR 20, 1948 SAKA)
4. In the principal Act, in section 54,-
(a) in sub-section (6), after the words "supply of goods or services or both",
Amendment in section 54 of Punjab Act 5 of 2017.
the words, brackets and figures "or of unutilised input tax credit allowed under
clause (ii) of the first proviso to sub-section (3)" shall be inserted; and
(b) in sub-section (14), after the words, brackets and figures "sub-section (5)
or sub-section (6)", the words and sign ",other than cases where refund of
tax is claimed on account of goods exported out of India with payment of tax,"
shall be inserted.
Sd/-
B.B.S. TEJI,
Principal Secretary to Government of Punjab,
Department of Legal and Legislative Affairs.
3826/9-2026/Pb. Govt. Press, S.A.S. Nagar