Central Sales Tax amendment revises item classifications and inserts silk fabrics as a taxable item with retrospective effect. Amendment of section 14 substitutes several item references in the Central Sales Tax Act, 1956 and inserts a new item after item (x) to include silk fabrics, defined by reference to Item 20 of the First Schedule to the Central Excises and Salt Act, 1944, the insertion being deemed to have effect from the 1st day of March, 1961.
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Central Sales Tax amendment revises item classifications and inserts silk fabrics as a taxable item with retrospective effect.
Amendment of section 14 substitutes several item references in the Central Sales Tax Act, 1956 and inserts a new item after item (x) to include silk fabrics, defined by reference to Item 20 of the First Schedule to the Central Excises and Salt Act, 1944, the insertion being deemed to have effect from the 1st day of March, 1961.
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