Exemption for railway track construction material: valuation excludes rails and the amendment is inserted with a specified effective period. A new Third Schedule entry exempts railway or tramway track construction material of iron and steel, and specifies that the value for the exemption ... Summary
Exemption for railway track construction material: valuation excludes rails and the amendment is inserted with a specified effective period.
A new Third Schedule entry exempts railway or tramway track construction material of iron and steel, and specifies that the value for the exemption excludes the value of rails; the entry is inserted into the notification table with an explicit period of effect.
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