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La Gazette de L' État de Poudouchéry
The Gazette of Puducherry
PART - II
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®ı Amflºƒˆ A>[˛wÁ\ 2012 } ÛÁÈ | 25 { No. 29 Poudouchéry Mercredi 2 5 Juillet 2012
No. Puducherry Wednesday 25th July 2012
(3 Sravana 1934)
GOVERNMENT OF PUDUCHERRY
LEGISLATIVE ASSEMBLY SECRETARIAT
No. 1462/2012-LA(Legn).
Puducherry, the 23rd July 2012.
U n d e r ru l e 1 4 0 o f R u l e s o f P r o c e d u r e a n d C o n d u c t o f Business of the Puducherry Legislative Assembly, the following Bill viz., which was introduced in the Legislative Assembly on July 23, 2012 is published for general information.
[ 191 ] 192
LA GAZETTE DE L'ETAT [PART–II
THE PUDUCHERRY VALUE ADDED TAX (AMENDMENT) BILL, 2012 (Bill No. 3 of 2012)
A
BILL
further to amend the Puducherry Value Added
Tax Act, 2007
BE it enacted by the Legislative Assembly of Puducherry in the Sixty-third Year of the Republic of India as follows :—
1. (1) This Act may be called the Puducherry
Value Added Tax (Amendment) Act, 2012.
Short title and commencent.
(2) It shall be deemed to have come into force with effect from the 1st day of January 2012.
2. In the Puducherry Value Added Tax Act, 2007,—
Amendment of the Schedules.
A c t N o . 9 of 2007.
(i) in the First Schedule,
(a) the entries against serial numbers 10A, 18A, 28B, 42A and 45A shall be omitted;
(b) in serial number 28-A, the entries against sub-items (9), (11), (15) and (21) shall be omitted;
(c) for serial number 39 and the entries relating thereto, the following shall be substituted, namely:—
"39 A. Meat, fish, prawn and other aquatic products when not cured or frozen and eggs;
39 B. Livestock other than live chicken
sold in Mahe region".
(a) for the expression "Taxable at the rate of four per cent." wherever it occurs, the expression taxable at the rate of five per cent." shall be substituted;
193
PART–II] LA GAZETTE DE L'ETAT
(b) in Part-A,
(i) after serial number 48, the following
shall be inserted, namely:—
"48 A. Edible oil, vegetable oil, oil cake
and deoiled cake";
(ii) after serial number 59 (A), the following
shall be inserted, namely:—
"59(B). Handicrafts";
(iii) after serial number 81 and the entries
relating thereto, the following shall be inserted,
namely:—
"81 A. Live chicken sold in Mahe region";
(iv) after serial number 82 and the entries
relating thereto, the following shall be inserted,
namely:-
"82 A. Masala Powder".
(c) in the entries under serial number 68 of
Part-A, in the Appendix, for the portion
beginning with bracket and the words "(The
Industrial Inputs" and ending with the symbol,
figure and bracket "@ 4% )", the following
shall be substituted, namely:—
"(The Industrial Inputs and packing
materials to be taxed @ 5%)" 194
LA GAZETTE DE L'ETAT [PART–II
STATEMENT OF OBJECTS AND REASONS
In pursuance of the consensus reached among the States
for increasing the lower rate of VAT from 4% to 5% in the
meeting of the Empowered Committee of the State Finance
Ministers, it becomes necessary to increase the rate of tax in
r e s p e c t o f t h e T h i r d S c h e d u l e g o o d s f r o m 4 % t o 5 % .
The Central Government has increased the rate of tax chargeable
to the declared goods from 4 % to 5 % through the Finance Act, 2011.
The rate of tax prevalent in respect of the Fourth Schedule
goods in the neighbouring States at the rate of 14.5% have
been taken into account and to augment the Government revenue,
the goods falling under the Fourth Schedule have to be charged
at higher rate from 12.5% to 14.5%. Further, the exemption
allowed in the case of certain Government Organisations and
Cooperative Societies have been removed. Certain goods hitherto
exempted have been proposed to be taxed. Thus, the rate of tax
have been fixed at 5% for edible oil, masala powder, handicrafts,
live chicken sold in Mahe region and at 14.5% in the case of
footwear.
2. For the above purpose, a notification was issued in
exercise of the powers conferred by sub-section (1) of section 75
of the Puducherry Value Added Tax Act, 2007 for amending 3. This Bill seeks to achieve the above objects.
N. RANGASAMY,
Chief Minister.
195
PART–II] LA GAZETTE DE L'ETAT
ADMINISTRATOR'S RECOMMENDATION UNDER
SUB-SECTION (1) OF SECTION 23 OF
THE GOVERNMENT OF UNION TERRITORIES ACT, 1963
(Copy of Letter No. l/CM/Secy./2012-13 dated 28-3-2012 from
the Hon'ble Chief Minister Thiru N. Rangasamy to the
Hon'ble Speaker, Legislative Assembly, Puducherry).
The Lieutenant-Governor, Puducherry having been informed
of the subject matter of the proposed Puducherry Value Added
Tax (Amendment) Bill, 2012 providing for the levy of Value
Added Tax in the Union Territory, recommends under sub-section (1)
of section 23 of the Government of Union Territories Act, 1963
(Central Act 20 of 1963), the introduction in and consideration
by the Legislative Assembly of the said Bill.
R. ANBAJAGANE,
Secretary,
Legislative Assembly Secretariat.
online publication at "http://styandptg.puducherry.gov.in" Government Central Press Directorate of Stationery and Printing
Puducherry-9.