Central sales tax amendment adds Aviation Turbine Fuel supply to Turbo Prop Aircraft and expands iron classification. Amendment inserts a new clause identifying Aviation Turbine Fuel sold to a Turbo Prop Aircraft as a specified commodity and defines Turbo Prop Aircraft as ... Summary
Central sales tax amendment adds Aviation Turbine Fuel supply to Turbo Prop Aircraft and expands iron classification.
Amendment inserts a new clause identifying Aviation Turbine Fuel sold to a Turbo Prop Aircraft as a specified commodity and defines Turbo Prop Aircraft as an aircraft deriving thrust mainly from a propeller driven by either turbine or piston engine; it also substitutes "pig iron and" with "pig iron, sponge iron and" in an existing clause to include sponge iron in that category.
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