Subject : Notification exemption payment of TNGST on raw material
Notification No. : G.O. Ms No.104, Commercial Taxes and Religious Endowments Date : 01/04/1998 Government of Tamil Nadu

 

NOTIFICATIONS

 

EXEMPTION OF TAX PAYABLE BY ANY DEALER ON SALE OF RAW MATERIALS TO REGISTERED 100 PERCENT EXPORT ORIENTED UNITS IN THIS STATE AND UNITS LOCATED IN THE CHENNAI EXPORT PROCESSING ZONE

 

VARIATION TO NOTIFICATION

 

No.11(1)CTRE/43(a.3)/98 (T.N.G.G. Part II Section 1 / April 1, 1998

 

(G.O. Ms No.104, Commercial Taxes and Religious Endowments 1st April 1998)

 

In exercise of the powers conferred by subsection (3) of section 17 of the Tamil Nadu Genral Sales Tax Act 1959 (Tamil Nadu Act 1 of 1959), the Governor of Tamil Nadu hereby makes the following variation to the Commercial Taxes and Regligious Endowments Department Notifi9cation No.11(1)/CTRE/100/97-published at page 90 of Part-II Section 1 of the Tamil Nadu Government Gazette dated 17th December, 1997.

 

VARIATION

 

In the said notification for the expression “raw materials”, the expression “raw materials, packing materials and consumable goods” shall be substituted.

 

EXPLANATORY NOTE

 

(This does not form part of the notification but is intended to indicate its general purport)

 

With a view to encourage the exports from Tamil Nadu, the Government have decided that packing materials and consumable goods purchased within the State by registered 100 percent Export Oriented Units and Units of the Madras Export Processing Zone(MEPZ) may also be exempted from payment of sales tax,.  The notification is intended to achieve the above object.

 

                                               

 

 

 

THE TAMIL NADU COMMERCIAL TAXES JOURNAL AUGUST 1998        17