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    <title>Amendment of section 206C</title>
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    <description>Amendments update the percentages for Tax Collection at Source on specified goods and impose a transitional duty on sellers to collect at prior rates for transactions in the interim period. A resident buyer who furnishes a prescribed, verified duplicate declaration that goods are for manufacturing use is exempt from collection; the collector must forward one copy to the Chief Commissioner or Commissioner within the following month. Several timing provisions are made subject to prescribed periods and one collection rate is reduced; buyer exclusions in the Explanation are restated.</description>
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      <description>Amendments update the percentages for Tax Collection at Source on specified goods and impose a transitional duty on sellers to collect at prior rates for transactions in the interim period. A resident buyer who furnishes a prescribed, verified duplicate declaration that goods are for manufacturing use is exempt from collection; the collector must forward one copy to the Chief Commissioner or Commissioner within the following month. Several timing provisions are made subject to prescribed periods and one collection rate is reduced; buyer exclusions in the Explanation are restated.</description>
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