Amendment status not verified — confirm the current text below against the official source.
In the prlncipal Act, in section 2,- (i) for clause (30), the following shall be substituted, namely:- "{30)"manufacture" includes any activity that brings out a change in an article or articles as a result of some process, treatment. labour and results in transformations into a new and ,different article so understood in commercial parlance having a distinct name, character use, but does not include such activity of manufacture as may be prescribed;" (ii) in clause (37), for the words, figure and bracket. "sub-section (2)", the words, figure and bracket "sub-section (1 )" shall be substituted; (iii) in clause (44}, in Explanation 1,- (a) In para (i}, ·for the words, · comma and figure "Central Excise and Salt Act, 1944", the words, comma and figure "Central Excise Act, 1944", shall be substituted; (b) para (v) shall be omitted; (Iv) In clause (49), for the existing letters, sign and figure, the following letters, sign figure and bracket shall be substituted , namely:- •r/(100 + r)". ' ·3. In the principal Act, in section 7, in sub-section (6),- (i) in clause (a), in between the words "non-resident dealer or" and the words "has more than one place of business in the State", the following shall be inserted, namely:- Mis liable to pay tax at the point of purchase or"; (ii) in clause (b), for the word, figure, punctuation mark and sign ~Rs.3 , 00,000/-", the words, figure, punctuation mark and sign "Rs.2,00,000/-:", shall be substituted and thereafter the following proviso shall be inserted, namely;- Assam Act V!ll of2005 CentraJ Ad 1 o f 194A THE ASSAM GAZETTE, EXTRAORDINARY, APRIL J 9, 2005 Amendment of section 10. "Provided the Government may, by notification in the Official Gazette, vary the limit of the taxable quantum, from time to time."