MEGHALAYA TAXATION AMENDMENT ACT, 1988

Act No. 05 of 1988

16th May, 1988

An Act further to amend the Meghalaya Sales Tax Act, the Meghalaya Finance (Sales Tax) Act, the Meghalaya (Sales of Petroleum and Petroleum Products including Motor Spirit and Lubricants) Taxation Act and the Meghalaya Amusements and Betting Tax Act. Be it enacted by the Legislature of the State of Meghalaya in the Thirty-ninth Year of the Republic of India as follows:-

S.1 Short title and commencement

(1) This Act may be called the Meghalaya Taxation Laws (Amendment) Act, 1988

(2) It shall be deemed to have come into force with effect from the first day of April, 1988

S.2 Amendment of Schedules II and III of the Meghalaya Sales Tax Act

In the Meghalaya Sales Tax Act (Assam Act XVII of 1947 as adapted and amended by Meghalaya)-

• (a) In Schedule II, for the existing serial No. 5 the following shall be substituted and after it a new serial item No. 6 shall be inserted, namely-

  "5. Transfer of right to use any goods (except video cassettes) for any purpose (whether or not for a specified period) for cash, deferred payment or other valuable consideration. 2 paise in the rupee"

  "6. Transfer of right to use any video (except cassettes for any purpose (whether or not for a specified period) for cash, deferred payment or other valuable consideration. 10 paise in the rupee"

• (b) In Schedule III,-
  • i. In serial No. II, the word "butter" shall be deleted;
  • ii. For the existing serial No. 45, the following shall be substituted, namely:- "45. Cotton fabric, wooden fabric, rayon or artificial silk fabric, or nylon whether manufactured by handloom of othe
    

S.3 Amendment of the Meghalaya Finance (Sales Tax) Act

In the Meghalaya Finance (Sale Tax) Act (Assam Act XI of 1956 as adapted and amended by Meghalaya) in the Schedule thereto-

• (a) For the existing items 10 and 10A the following shall be substituted, namely-

  "10. Motor Vehicles including motor cars, motor omnibuses, motor vans, motor trucks, motor lorries, chassis of motor vehicle, bodies of motor vehicles and all varieties of tailers by whatever name known. 5 paise in the rupee"

  "10A. Component parts of motor vehicles, tyres (including pneumatic tyres) and tubes ordinarily used for motor vehicles and tailer (whether or not such tyres and tubes are also used for other vehicles), and other articles adapted for use generally as parts or accessories of motor vehicles and tailers. 7 paise in the rupee"

• (b) After item 75 the following shall be inserted as new items 76 and 77, namely:-

  "76. Butter not sold in sealed containers 7 paise in the rupee"

  "77. Woven fabric of
  

  S.4 Amendment of the Meghalaya (Sales of Petroleum and petroleum Products, including Motor Spirit and Lubricants) Taxation

  In the Meghalaya (Sales of Petroleum and Petroleum products including Motor Spirit and Lubricants) Taxation Act (Assam Act IX of 1956 as adapted and amended by Meghalaya, in section 3, sub-section (1), against item (i), for the words "Twenty paise" the words "Twenty-six paise" shall be substituted.

  
  

  S.5 Amendment of the Meghalaya Amusements and Betting Tax Act

  In the Meghalaya Amusements and Betting Tax Act (Assam Act VI of 1939 as adapted and amended by Meghalaya), in section 18, sub-section (3), for the words "fifteen per cent" the words "twenty per cent" shall be substituted.