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Karnataka Value Added Tax Act Budget Notification V

GOVERNMENT OF KARNATAKA

No. FD 36     CSL 2013

Karnataka Government Secretariat,

Vidhana Soudha, Bangalore

Dated: 05-03-2013

NOTIFICATION-V

In exercise of the powers conferred by entry 20 of Third schedule of the Karnataka Value Added Tax Act, 2003 (Karnataka Act 32 of 2004) read with clause (a) of sub-section (1) of section 4 of the said Act, the Government of Karnataka hereby specifies with effect from the first day of April, 2013 the goods specified in column (3) of the table below, having heading and sub¬heading numbers given under the Central Excise Tariff Act, 1985 (Central Act 5 of 1986) as specified in corresponding entry in columns (2) thereof to be the capital goods for the purpose of the said entry.

TABLE

 

SI.

No.

Heading and sub­heading No. DESCRIPTION
(1) (2) (3)
1. 8408 9090 Compression-ignition      internal     combustion     piston engines., (diesel     or     semi-diesel     engines)     for    air compressors mounted on a wheeled chassis for towing
2. 8414 4090 Air  compressors   mounted   on   a  wheeled  chassis  fbr towing
3. 8414 9090 Parts of portable air compressors and water well compressors
4. Arecanut dehusking machine

Explanations:

(1) The Rules for the interpretation of the Central Excise Tariff Act, 1985 along with the Explanatory Notes as updated from time to time published by the Customs Co-operation Council, Brussels mutatis mutandis apply for the interpretation of entries in this notification.

(2)          Where any commodities are described against any heading or, as the case may be, sub-heading, and the aforesaid description is different in any manner from the corresponding description in the Central Excise Tariff Act, 1985, then only those commodities described as specified in column (3) of the table shall be covered by the scope of this notification and other commodities though covered by the corresponding description in the Central Excise Tariff shall not be covered by the.scope of this notification.

(3)          Subject to Explanation 2, for the purpose of any entry contained in this notification, where the description against any heading or, as the case may be, sub-heading, matches fully with the corresponding description in the Central Excise Tariff Act, 1985 then all the commodities covered for the purposes of the said tariff under that heading or sub-heading shall be covered by the scope of this notification.

By Order and in the name of the Governor of Karnataka,

D R SHASHIDHAR

Secretary to Government, Finance Department (C.T-1)

Tags: AirCompressorBangaloreIndiaIndo-Asian News ServiceIndustrial SupplyKarnatakaKarnataka GovernmentVidhana Soudha

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