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MEGHALAYA FINANCE ACT, 1975

Act No. 0 9 of 1975

23rd April, 1975

An Act to fix the rates at which the Meghalaya Purchase Tax shall be levied and charged for the Financial year 1975-76 Be it enacted by the Legislature of Meghalaya in the Twenty-sixth Year of the Republic of India as follows:-

Read full Act
S.1 Short title, extent and commencement

  • (1) This Act may be called the Meghalaya Finance Act, 1975.
  • (2) It extends to the whole of the State of Meghalaya.
  • (3) It shall be deemed to have come into force on the 1st day of April, 1975.

S.2 Rates of Meghalaya Purchase Tax

The rates at which the tax shall be levied and collected on the purchase of the items of the Schedule under the Meghalaya Purchase Tax Act (Assam Act XIX of 1967 as modified by Meghalaya) for the year beginning on the 1st day of April, 1975 shall be as follows:-

In respect of Rate
items 1, 2 and 3 Three paise per rupee value of the price at which the taxable goods are purchased.
item 4 Two paise per rupee value of the price at which the taxable goods are purchased.

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