The Gazette of India
EXTRAORDINARY
PART II—Section 2
PUBLISHED BY AUTHORITY
No. 19] NEW DELHI, MONDAY, APRIL 8, 1963/CHAITRA 18, 1885
LOK SABHA
The following Bill was introduced in Lok Sabha on the 8th April,
1963: —
*BILL No. 15 OF 1963
A Bill further to amend the Bengal Finance (Sales Tax) Act, 1941 as
in force in the Union territory of Delhi.
BE it enacted by Parliament in the Fourteenth Year of the
Republic of India as follows:—
1. (1) This Act may be called the Bengal Finance (Sales Tax)
(Delhi Amendment) Act, 1963.
Short title and com- mence- ment.
(2) It shall come into force on such date as the Chief Commission- 5
er, Delhi, may, by notification in the Official Gazette, appoint.
2. In section 5 of the Bengal Finance (Sales Tax) Act, 1941, as in Bengal Act VI of 1841. force in the Union territory of Delhi, in sub-section (1),—
Amend- ment of section(1).—
(i) in clause (a), for the words "seven naya paise", the
10 words "ten naye paise" shall be substituted; and
(ii) in clause (c), for the words "four naya paise", the
words "five naye paise" shall be substituted.
*The President has, in pursuance of clause (1) of article 117 of the Constitution of India, recommended to Lok Sabha the introduction of the Bill.
298 THE GAZETTE OF INDIA EXTRAORDINARY [PABT II—SEC. 2]STATEMENT OF OBJECTS AND REASONS
In view of the need for raising additional resources, it was agreed at the last meeting of the Chief Ministers of States that the rate of Sales Tax on certain luxury goods, which are now taxable in almost all the States at a uniform rate of 7%, may be raised to 10%. To give effect to this decision in the Union territory of Delhi, it was necesEMty to auRnd the Bengal Finance (Sales Tax) Act, 1941, as cxLenucd to De]hi. It was also found that the general rate of Sales Tax applicable in Delhi was lower as compared with the rates obtaining in adjoining States. The above opportunity of amending the Act is, therefore, proposed to be availed of, to reduce the prevail- ing disparities by increasing the general rate of Sales Tax in Delhi from 4% to 5%.
Hence this Bill.
MORARJI DESAI.
NEW DELHI;
The 28th March, 1963.
M. N. KAUL,