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| Concerned State |
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Arunachal Pradesh |
| Concerned Department |
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Department of Law, Legislative and Justice |
| Act Title |
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The Arunachal Pradesh Goods Tax (Amendment) Act, 2006 |
| Commencement Date |
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9-05-2006 |
| Act Objective |
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The Arunachal Pradesh Good Tax Act which was introduced in the year 2005 has been amended with certain modifications in some sections of the original Act. Again it was amended in the year 2006. Amendments that have been made in sections such as: in sub-section (6) section 15, tax due under Sub-Section 5 shall be paid in four equal installments, alongwith the quarterly returns shall be added. The dealers will be allowed to avail credit of tax paid on opening Stock in the corresponding four quarters. In section 17 under sub-section (3) © ‘rupees twenty lakhs’ shall be substituted by ‘rupees fifty lakhs’ and the work contractor shall be allowed to avail the scheme irrespective of turnover limit. In section 27, after sub-section (6) the Government Departments, CSD Canteens of Military and Para Military forces and 100% Government Corporations, Societies and autonomous bodies are exempted from furnishing of security shall be inserted and the dealer under Arunachal Pradesh Sales Tax Act, 1999 need not furnish additional security if their turnover exceed Rs. 5.00 lakh. The first schedule of the act has also been amended in respect of Gur and Jaggery, Flour, Atta, Maida, Suji, Besan, Bread, Bamboo and Cane. |
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Goods Tax Amendment Act, 2006 |
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19.7KB |
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