8th floor, Vikrikar Bhavan ,
Mazgaon, Mumbai - 400010

TRADE CIRCULAR
No. Sr. A.C./2004/3/ADM-14

Mumbai, dt. 18-12-2004
Circular No. 39-T of 2004  
Sub. :

Notifications issued under the Bombay Sales Tax Act, 1959 dated 2nd December 2004
Ref. :

G.N. No. STA-12.04/CR-69 & 69-A/Taxation-1, dated 2nd December 2004

 

Gentlemen/Sir/Madam,

In pursuance of the budget proposals of the State Government for the financial year 2004-05 announced by the Hon. Finance Minister in the Budget, amendments in certain notifications issued u/s 41 of Bombay Sales Tax Act, 1959 have been made.

  1. The implications of the amendments as mentioned above are shown as under.

    Sr. No. Amendment made Effect of amendments Date of effect
    1. Amendment made to notification u/s 10(V) of the Bombay Sales Tax Act, 1959

    25. Resale Tax on resale of Drip irrigation system and parts covered by schedule entry C-II-152 and Notification Entry 117(a) of Group ‘A’ u/s 41 exempted.

    26. Resale Tax on Kerosene sold through public Distribution System (PDS) covered by entry C-II-56 (1) exempted.

    		 2nd December 2004

    The goods viz. ‘Drip Irrigation System and parts’ and ‘PDS Kerosene’ have been added at Sr. No. 25, 26, in the notification dated 17th September 2002. As a result Turnover of Sales of the above goods shall be deducted from the Turnover of resale for the purpose of levy of resale tax u/s. 10.

    2. Amendment made u/s 5(2) to Schedule Entry A-1 of the Bombay Sales Tax Act, 1959 Limit of price of agricultural implements covered by the Schedule Entry A-1(a) is enhanced to Rs. Ten thousand 2nd December 2004

    In schedule A, in entry 1, in sub-entry (a) the limit of price of agricultural Implements has been increased from Rs. 3000/- to 10000/-. 

  2. It may be noted that both these notifications are in effect from 2nd December 2004 onwards. However, a proposal to grant Administrative Relief has been sent to the Government for the period 1-6-2004 to 1-12-2004. If the Government accepts the proposal, then separate intimation shall be given. Till that happens, the effect of the notification is only from 2nd December, 2004.

  3. The circular cannot be made use for legal interpretation of the provisions of Law, as it is clarificatory in nature. If any member of the trade has any doubt, he may refer to this office for further clarification.

  4. You are requested to bring the contents of this circular to the notice of the members of your Association

Yours faithfully,


( Vijay Kumar Agarwal)
Commissioner of Sales Tax,
Maharashtra State, Mumbai