Amendment status not verified — confirm the current text below against the official source.
. . " (1) Except as otherwise expressly provided in this Act, there shall be levied and collected from every dealer a tax on the purchases of raw jute and raw hides and skins at rates as may be specified in the annual Assam Finance Acts but not exceeding the rates as laid down in section 15 of the Central Sales Central Act Tax Act, 1956 : 74 of 1956. Provided that for the year ending on the Thirty-first day of March, 1968, the rates shall be as specified below:- (a) R aw Jute thre e percentum ad valorem. (b) R aw hides and skins three p ercentum ad valorem: Provided further that the State Government may, by notification in the Official Gazette, grant a rebate not exceeding one percentum of the tax subject to such .conditions as may be specified therein: Provided further that where the tax has been levied in respect of a purchase inside the State of raw j ute and raw hides and skins and such goods are solei either in the course of inter-State trade or commerce, Or in the course of export out of the territory of India, whether in the raw state or after further processing, the tax so levied shall be refunded in the manner prescribed." B. SARMAI, Secy, to the Government of Assam. . Law Department.