GOVERNMENT OF THE PUNJABEXCISE & TAXATION DEPARTMENT

Lahore dated the 30th June, 2014

No. SO.TAX(E&T)3-38/2014. In partial modification of this department'sNotification No. so.TM(E&T)3-38120t4, dated 26.06.2014. the Annex ..A,,

of the aborre mentioned notification is revised and substituted with immediateeffect. Revised Annex "A" is attached herewith.

(KHALTD MASOOD CHAUDHARY)SECRETARY TO GOVERNMENT OF THE PUN]AB

EXCISE & TAXATION DEPARTME NT

No.&-Qatecveri

A copy with a copy of the enclosures is forwarded for information andnecessary action to:-

1. The Secretary to Governor, Punjab.2. The Secretary to Chief Minister, punjab3. All Administrative Sec retaries to Government of the punjab4. The Inspector General Police, punjab

5. The Secretary, Punjab Assembly, punjab6. All Commissioners of the divisions in punjab7. The Registrar, Lahore High CouG Lahore8. The Accountant General, Punjab, Lahore9. The Director General, Excise & Taxation, punjab10. The Additional Director General, Excise & Taxation, punjab11. The Additional Secretary (General)/Staff Officer to Chief Secretary, Punjab12. The Assistant Secretary (Legislation), Punjab Assembly

A 13. The Director General, Public Relations Depaftment Punjab(,J ( j I4.-z All District Coordination Officers in Punjab

Yl (} Y{ All Directors, Excise & Taxation in Punjab' 16. All Executive District Officers (F&P) in PunjabAll Excise & Taxation Officers in PunjabAli District Accounts Officers in PunjabAll District Police Officers in PunjabThe PS to Minister, Excise & Taxation, PunjabAll Sections Officers, Excise & Taxation Depaftment, Govt of the PunjabThe Superintendent Printing Press Punjab, Lahore with the request topublish it in the Gazette Notification

17.18.19.20.2r.22.

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Annex "A"

(REVTSED 30.06.2014)

Sr.No. Type of Property Criteria for assessment

1 Cinemas/ Theatres/Auditorium/ m ultipurposehalls

Commercial rates self or rented as the case may bespecified in valuation table of the respective locality.

2 Factories/ industrial(manufacturing) unitsincluding cottage units

Residential rates notified for the locality, (self or rentedas the case may be) with following rebate for landarea:-

Upto 1 acre: Normal ratesExceeding 1 acre upto 4 acre: 20olo reductionExceeding 5 acres: 300/o reduction

The office premises being part of such properties shallbe assessed as per commercial rates prescribed for thelocality. Residential areas will be assessed as perresidential rate prescribed for the locality. Further 50%discount shall be allowed to properties with seasonaluse (Cotton Ginning Factoribs, Rice Mills, Oil Mills, IceFactories etc.)

3 Marriage Halls/ BanquetHall, Marriage Lawn/EventHall/ Marquee/ exhibitioncentres.

Self properties shall be assessed @ l7laio ofcommercial rate of valuation tables prescribed for thelocality. Rented propefties shall be assessed as perrates prescribed for commercial rented orooerties.

4 Properties built asresidential propefties butused for Offices/Educational institutions.

150% of the rates specified in the valuation table ofresidential propefties for the respective locality.

5 Hotels/Motels/GuestHouses & such otherfurnished properties.

i) In case of portion consisting of rooms/boarding/lodging units used as residentialaccommodation 40o/o of the gross annual (365days) rent shall be taken as GARV. The gross rentshall be worked out on average/normal chargesreceived per room per day.

ii) The commercial area shall be assessed self orrented as the case may be as per valuation tableprescribed for the locality.

iii) While calculating covered area, lcbby/kitchen/mosque and ancillary portion shall beexcluded.

6. Hostels 150o/o of rates specified in valuation tables for rentedresidential properties of the resoective localiW

7 Hospitals Commercial rate self or rented as the case may beprescribed for the locality.

8 Petrol Pumps/CNGStations/Car wash/Service Stations

Commercial rates self or rented as the case may be.Underground area for storage/tanks/Canopy shall alsobe accounted for as covered area.

Normal commercial rate self or rented as the case maybe, However, LOo/o reduction in case of 1st floor andfirst basement and further 5olo reduction for each

floor/basement upto maximum of 40o/o shall be allowedfor floors above and below ground floor.In case of single ownership land shall be assessed onlyonce, However, in case of individuals and differentownership land equal to the respective poftion shall

also be assessed in each case. Similarly, in case ofmultiple use of land respective rate of the relevantvaluation tables shall be applied in pro-rata manner' Itis further added that paid parking shall be assessed on

50o/o rented commercial rate of locality & free parking

Plaza and multi storeyedbuildings (buildings with atfeast 4 storeys or moreincluding basement )

25o/o of the commercial rate self or rented as the case

be meant for theCustomized Parking Plazasl

10o/o rebate for building older than 20 years upto 30years.15olo rebate for building older than 30 years.

i)

ii)

Old residential Buildings(including propertiesmentioned at serial No. 5

As per actual rent in case of rented and Rs. 1000/- per

kanal. Der annum in case of self occupation/ cultivation.

50o/o of the residential rate self or rented as the case

may be prescribed for the locality.Poultry Farms, Cattle sheds

commercial rate of valuation tables shall be applied incase of company owned properties. In this case, whole

land area shall be considered as covered area.

Actual rent in case of rented properties' SelfTransmission/Communication Towers

Land area & covered area including area having

installation/equipment shall be assessed on self/rented

commercial rates as the case may be'

Grid Stations

Commercial rates of the localities self or rented as theProperties built & used as

commercial ProPerties(including offices andcustomized educational

i) f-anO A covered area shall be assessed as per self or

rented, commercial rate of the locality.

ii) Runway Strip & Taxi area, Dry Ports Open Yards

including Logistic Tracks to be assessed at 25o/o ofthe self or rented commercial rate of the

Airport/ RunwaY StriP/ DryPorts/Open Yards.

ZOO"Zo of tfre rate of the valuation table meant for the

land area prescribed for the locality, self or rented, asOpen plot being used forcommercial purPoses

Stadium, sports comPlex

such like sPofts sites

including swimming Pools(other than those beingpart of anY residential orcommercial properties)

Race Courses/ venues orany other games or spofts

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Conrmerciat area self or rented to be assessed as

per commercial rate of lodalitY.

i,taying fields/areas to be assessed at residential

rate of the locality self or rented as the case may

be.

Open area/land other than the above to be

assessed at residential rate rented or self as the

case may be.

Page 3 of 3

20 Godowns and workshoPswith Kachha/tin sheds

50o/o of the commercial rate rented or self, as the case

mav be.

ZL Cold Storages Setf-properties shall be assessed @ L75o/o ofcommercial rate of valuation tables prescribed for the

locality. Rented properties shall be assessed as per

rates prescribed for commercial rented propefties.

However, poftion of premises being used as offices orother ancillary purposes shall be assessed as self-

occuoied commercial,

NOTE:

(i) The clarification made vide minutes of meeting held on 05.05.2012 circulated vide

letter No. SOTAX(E&T)I-11/2004(Vol-I), dated 70.06.20t2, shall remain operative

except where the same are inconsistent with the above mentioned guidelines.

(ii) Roads with 30 feet or more width shall be considered as "Main" and roads less than

30 feet shall be considered as "Off". However, this criteria shall not be applicable in

case of established/recognized commercial center{clusters duly determined by the

Assessing Authority concerned and in such cases rate of "Main" shall be applied.