Schedule

Text of Amendment

Gist

Effective Date / Our Comments

Part

Entry No:

Schedule I 

Part B

Entry No: 08

In item 8, for the expression "Bakery products including bun, rusks, biscuits and cakes sold with or without brand name", the expression "Bakery products including bun, rusks, biscuits and cakes sold without a brand-name" shall be substituted;

Levy of VAT on unbranded bakery product liable for VAT at 4%

Levy of VAT on branded bakery product liable for VAT at 12.5%

01/01/2007

The levy of tax on branded biscuits is enhanced retrospectively from 01/01/2007

Schedule I

Part B

Entry No: 67

For item 67 and the entries relating thereto, the following item and entries shall be substituted, namely:-

"(67) Industrial inputs, that is to say, any goods falling under Part-C of this schedule, including consumables, packing material and labels but excluding plant and machinery, ethyl alcohol, absolute alcohol, methyl alcohol, rectified spirit, neutral spirit and cement, for use in manufacture and for use in assembling, packing or labelling in connection with such manufacture, inside the state, of goods other than those falling under Second Schedule";

Purchase of any goods falling under Part-C of Schedule I excluding plant and machinery, ethyl alcohol, absolute alcohol, methyl alcohol, rectified spirit, neutral spirit and cement, for use in manufacture, assembling, packing or labeling in connection with such manufacture notified as Industrial Input.

01/01/2007

Industrial inputs has been amended to enable purchase of all goods liable to VAT at 12.5% to be taxed at 4% when such purchase is made by manufacturer subject to filing of declaration.

This amendment notified vide Notification No: II(1)/CTR/30(a-1)/2007 dated 23/03/2007 with effect from 23/03/2007 is incorporated in the schedule with retrospective effect from 01/01/2007

Schedule I

 Part B

Entry No: 107

In item 107, the word "pickle" shall be omitted

Pickle removed from the category of processed fruit and vegetable under entry 107 as pickles are already presented under Entry 51, Part B of I Schedule falling with in the scope of Foods and Food preparations and mixes.

01/01/2007(New)

Earlier 'Pickles' were presented twice in I Schedule Part B Entry No: 107 under processed fruit and Entry No: 51 under Food preparation and food mixes. The removal of pickles from entry 107 means that unbranded pickles are liable to VAT at 4% and branded pickles shall be liable to VAT at 12.5% with effect from 01/01/2007

Schedule I

 Part B

 Entry No: 127

In item 127, the word "tobacco" shall be omitted

Tobacco liable for VAT at 12.5%

01/04/2007(New)

Consequent to the levy of VAT on Tobacco at 12.5% the removal of tobacco from the Entry No: 127 Part B of I Schedule notified.

Schedule II

 Part Nil

Entry No: 11

In the Second Schedule to the principal Act, in item 11, for the expression "Sugar, textile and tobacco products", the expression "Sugar and textile products" shall be substituted.

Imported tobacco liable for VAT at 12.5%

01/04/2007

Consequent to the levy of VAT on Tobacco at 12.5% the removal of tobacco from being taxable at 4% under Entry 11 of Schedule II notified.

This amendment already notified vide Notification No: II(1)/CTR/30(c)/2007 dated 31/03/2007.

Schedule IV

Part A

Entry No: 02

In Part-A, item 2 and the entries relating thereto shall be omitted

Exemption for tobacco products subjected to ADE deleted and liable for VAT at 12.5%

01/04/2007

Consequent to the levy of VAT on Tobacco at 12.5% the removal of exemption from VAT on tobacco products subjected to ADE under Entry 02 of Schedule IV notified.

This amendment already notified vide Notification No: II(1)/CTR/30(c)/2007 dated 31/03/2007.

Schedule IV

Part B

Entry No: 21

For item 21 and the entries relating thereto the following item and entries shall be substituted, namely:-

"21. (i) Curd, lassie, butter-milk and separated milk.

(ii) Butter without brand name.";

Levy of VAT on curd, lassie, butter-milk and separated milk whether branded or unbranded liable for VAT at 4%.

Levy of VAT on butter without brand name liable for VAT at 4% if sold under brand name sale of butter liable for VAT at 12.5%.

01/01/2007 - new entry

Schedule IV

Part B

Entry No: 35

In item 35, for the expression "Rupees one hundred crore in a year", the expression "rupees one crore in a year" shall be substituted

Exemption on gauze or bandage cloth produced or manufactured in power loom sold by a dealer limited to annual turnover upto Rs.1 crore

01/01/2007

Earlier the turnover limit was Rs. 100 crore in a year and now limited to Rs. 1 crore

This amendment already notified vide Notification No: II(1)/CTR/30(a-1)/ 2007dated 23/03/2007 is now incorporated in the schedule.

Schedule IV

Part B

Entry No: 62

In item 62, for the expression "and de-oiled rice bran", the expression "rice bran and de-oiled rice bran" shall be substituted;

Exemption of VAT on sale of Rice bran inserted.

01/01/2007(New)

Sale of rice bran not liable to VAT and is exempted from tax.

Schedule IV

Part B

Entry No: 65

In item 65, for the expression "rupees three hundred crores per annum", the expression "rupees five hundred crores per year" shall be substituted;

Exemption on vegetable oils sold by a dealer extended to annual turnover upto Rs.500 crores

01/04/2007

Earlier the turnover limit for exemption on sale of vegetable oils specified in Entry 65 Part B of IV Schedule was Rs.300 crores and now enhanced to Rs. 500 crores.

This amendment already notified vide Notification No: II(1)/CTR/30(a-1)/ 2007dated 23/03/2007 is now incorporated in the schedule.

Schedule IV

Part B

Entry No: 65(7) & 65(8)

In item 65,for sub-items 7 and 8, the following sub-items shall be substituted, namely:-

"7. Palm oil

8. All refined oils"

Exemption on sale of Palm Oil and all refined oils notified.

01/01/2007

Earlier sub-entries 7 and 8 of Entry 65 reads as

7) All refined oils of the above 1 to 6 and

8) Refined palm oil

Now All refined oils and palm oils are included and exempted from VAT

Schedule IV

Part B

Entry No: 66

In item 66, for the expression "rupees three hundred crores per year", the expression "rupees five hundred crores per year", shall be substituted

Exemption on oil cakes and de-oiled cakes sold by a dealer extended to annual turnover upto Rs.500 crores

01/01/2007

Earlier the turnover limit for exemption on sale of oil cakes and de-oiled cakes specified in Entry 66 Part B of IV Schedule was Rs.300 crores and now ehnanced to Rs. 500 crores.

This amendment already notified vide Notification No: II(1)/CTR/30(a-1)/ 2007dated 23/03/2007 is now incorporated in the schedule.

Schedule IV

Part B

Entry No: 68

For item 68 and the entries relating thereto the following item and entries shall be substituted, namely:-

"68. Sale of the following pulses and grams including

broken, splits, flour, husk and dust thereof and parched and fried grams made from them by any dealer whose turnover in respect of the goods in each item does not exceed rupees five hundred crores in a year:-

1. Gram or gulab gram

2. Tur or arhur

3. Moong or green gram

4. Masur or lentil

5. Urad or black gram

6. Moth

7. Lekh or khesari

8. Mochai

9. Karamani

10. Thatta payaru

11. Kollu

12. Avarai."

Exemption on pulses and grams specified in Entry 68 Part B of IV Schedule sold by a dealer extended to annual turnover upto Rs.500 crores.

Mochai, Karamani, Thatta payaru, Kollu and Avarai are included as pulses and grams and exempted from VAT.

01/01/2007

Earlier the turnover limit for exemption on sale of pulses and grams specified in Entry 68, Part B of IV Schedule was Rs.300 crores and now enhanced to Rs. 500 crores.

The insertion Mochai, Karamani, Thatta payaru, Kollu and Avarai extended the scope of coverage of pulses and grams.

This amendment already notified vide Notification No: II(1)/CTR/30(a-1)/ 2007dated 23/03/2007 is now incorporated in the schedule.