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In exercise of the powers conferred by section (1) of section
3 of the Karnataka Tax on Entry of Goods Act. 1979 (Karnataka Act 27 of 1979),
read with section 21 of the Karnataka General Clauses Act, 1899 (Karnataka Act
III of 1899), the Government of Karnataka hereby amends Notification (No.FI) 11
CET 2002, dated 30th March 2002, published in Part IVA of the Karnataka Gazette
(Extra-ordinary) date 30th March 2002 as amended by Notification Neff 62 CET
2002, dated 15th March, 2003 as follows: -
In the said Notification, for the explanation, the following shall be and shall
always be deemed to have been substituted, namely: -
"Explanation-I
No tax shall be payable by a dealer on the goods specified in serial
number 2.3.4.7.8 and 9 in the table above when brought by him into a local area
for consumption or use as raw materials. Component parts and inputs in the
manufacture of an intermediate or finished product but excluding when brought
for use in the manufacture of tobacco products and liquor.
Explanation-II.
If any of the goods specified; in serial numbers 1 to 10 in the above
table are brought into a local area for use or consumption as raw material and
inputs in the manufacture of tobacco products and liquor, the tax leviable and
collectable on such goods shall be at the rate specified in such serial
numbers".
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