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    <description>Section 4 allocates statutory VAT rates by reference to goods in the Second, Third and Fourth Schedules and a residual rate for other goods, prescribes a distinct tax treatment for goods involved in works contracts (with a special rate for printing works) and for declared goods transferred in the same form from contractor to contractee, equates packing materials&#039; tax to the goods&#039; rate, and authorises the Government to reduce rates by notification in the Official Gazette.</description>
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