Monday 25 May 2015

AMENDMENT

AMENDMENT
1. In the said Schedule ‘B’ , –
(i) in the ‘list of industrial inputs and packing materials given as per
Serial No.58′, the items given at Serial Nos.35, 37, 161, 162, 163 and 166 and the entries relating thereto shall be omitted; and
(ii) Serial No. 163 and the entries thereto, shall be omitted;
2. In the said Schedule ‘E’, –
(i) for Serial No.3 and the entries relating thereto, the following shall be substituted, namely: –
“3.Plastic granules, plastic powder, master batches, Polyvinyl Chloride, Linear low density Polyethylene (LLDPE) and low density polyethylene (LDPE),High density Polyethylene and Polymers of propylene in primary forms.”8.5 Percent
(ii) for serial No .21 and entries relating thereto, the following shall be substituted, namely:-
“21.lron and Steel goods as enumerated in clause-iv of Section 14 of Central Sales Tax Act, 1956 except Non-Cenvat paid lron and Steel Scrap'”3.5 Percent
(iii) after Serial No. 25 and the entries relating thereto, the following serial No. shall be added, namely :-
“26.Aviation Turbine Fuel when sold at the airports in Punjab to scheduled and non scheduled airlines carrying passengers”.4 Percent

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