MEGHALAYA PURCHASE TAX (AMENDMENT) ACT, 1973

Act No. 17 of 1973

30th June, 1973

An Act further to amend the Meghalaya Purchase Tax Act Be it enacted by the Legislature of Meghalaya in the Twenty-fourth Year of the Republic of India as follows:-

S.1 Short title and commencement

(1) This Act may be called the Meghalaya Purchase Tax (Amendment) Act, 1973.

(2) It shall deemed to have come into force on the 1st day of April, 1973.

S.2 Insertion of new section 3A

After section 3 of the Meghalaya Purchase Tax Act, the following shall be inserted as section 3A namely:-

S.3A Surcharge on purchase

(1) Subject to the provisions of this section every dealer shall be liable to pay in addition to tax under section 3 and any other dues payable under any law for the time being in force, a surcharge, hereinafter referred to as "Purchase Surcharge", on his purchases of taxable goods.

(2) The rate of Purchase Surcharge on any purchase shall be one per centum of the amount of tax payable under this Act in respect of the said purchase;

Provided that this Surcharge shall not apply in respect of goods declared to be of special importance under section 14 of the Central Sales Tax Act, 1956(Central Act 74 of 1954), if the ceiling rates as prescribed under section 15 (A) of the aforesaid Act has been reached:

Provided further that the amount of Purchase Surcharge payable by a dealer for any return period as prescribed under sub-section (1) of section 7 shall be rounded off to the nearest rupee.

(3) The Purchase Surcharge shall be payable as if it were a tax under