Amendment status not verified — confirm the current text below against the official source.
(1) Notwithstanding anything contained in section 3, no entry tax on the entry of specified goods into a local area shall be payable, if such specified goods are- (a) Meant for the exclusive use or consumption of the Defence Department of the Government of India, or (b) The exclusive property ofthe Union Government, - - (2) The State Government may, by notification in the Official Gazette, grant exemption to any o r e t i o n or undertaking ofthe Central Government or - of the State Government, retrospectively or prospectively, in respect of such goods as may be specified in such notification, kom payment of entry tax on entry of such goods into any local area for consumption or use therein provided that suchgoods are the exclusive property of suchorganization or undertalang. (3) The State Government, if considers it necessary in the public interest so to do, may by notification in the Official Gazette, subject to such conditions and restrictions as it may impose, exempt, any importer or class of importers, fully or partially fiom payment of entry tax on any specified goods and the State Government may also grant such exemption retrospectively: Provided that the State Government may withdraw any such exemption at any time, as it may think fit and proper. Principles governing entry tax