Amendment status not verified — confirm the current text below against the official source.
(1) Subject to the provisions of this Act, there shall be levied a tax on the turnover of sales of goods specified in 14[Schedule II or Schedule III] at the rate set out against each of them 15[in the said Schedule II or, as the case may be, Schedule III.] 16[(1A) Subject to the provisions of this Act, there shall be further levied an additional tax on the turnover of sales of goods liable to be taxed under sub-section (1), at the rate of- (i) two and half paise in the rupee on the goods specified in the entries at serial numbers 25, 46B, 48A, 49A, 49B, 17[51A, 76A and 87] in Schedule II, and (ii) one paisa in the rupee on the goods specified in the entries in Schedule II other than the entries mentioned in clause (i) above: Provided that the additional tax shall not be levied on the sale of,- (a) goods declared to be of special importance in section 14 of the Central Sales Tax Act, 1956; (b) goods specified in entry at serial number 13 in Schedule II; and (c) such goods as the State Government may, by notification in the Official Gazette, specify.] 18[(2) The State Government may, by notification in the Official Gazette, reduce any rate of tax specified in Schedule II or Schedule III in respect of any entry ( or part thereof ) in the said Schedule II or III and may, by like notification, omit or amend any entry (or part thereof) in the said Schedule II or III but not so as to enhance the rate of tax in any case and