Amendment status not verified — confirm the current text below against the official source.
(ii) everY,persoil who carries on business of transfer of the right to use any ·goods for any purpose t whether or not for a specified period) for cash, deferred payment or other valuable consideration. Explanation.- In case of any goods specified in the Schedule, . which is transported through pipelines into a local area, the · ultimate recipient of the goods in the local area shall be deemed to be the importer; (f) "Import value" means the value of goods specified in the Schedule. as ascertained from the. original invoice and includes the charges paid or payable for insurance, excise duty, freight charges and all other charges incidentally levied on the purchase of such goods: Provided that where the import value is not ascertainable on account of non-production or l,lon-availability of original invoice, or where invoice produced is proved to be false, or if such goods have been procured or obtained otherwise than by ':Vay of purchase, the import value shall be determined on the basis of fair market value of such goods; (g) "Local area" means any area of the State within the limits of any local authority including any area under- (i) Municipal Corporation of Guwahati, constituted under the Guwahati'MUnicipat C'.:orporation Act, 1969, (ii) Municipality or Town Committee constituted .under the Assam Municipal Act, 1956, (iii) Gaon Pan:chayat or an Anchalik Panchayat or a Zilla Parishad constituted under the Assam Panchayat Act, 1994, (iv) North Cachar Hills Autonomous Council . or Karbi Anglong Autonomous Council and Bodoland Territorial Council, (v) any other local authority, by whatever name called, constituted or continued under an Act of the Parliament or the 'State Legislature; (h) , "Motor Vehicle" means a motor vehicle as defined in clause (28) of section 2 .of the Motor Vehicles Act, 1988 including motor cars, motor taxi cabs, motor cycles, motor cycle combinations, motor scooters, motorette, motor omnibuses, motor vans, motor lorries and chassis of motor vehicles . and bodies or tankers built or meant for mounting on chassis of motor vehicles, tractors, bulldozers, excavators, cranes, dumpers, three wheelers, road rollers and earthmovers; (i) "prescribed" means prescribed by rules made under this Act; G), . "Schedule" means Schedule appended to this Act; . (k) (1) "section" means a' section of this Act; "Specified Goods" means goods specified in the Schedule; · .:. Assam Act I of