Amendment status not verified — confirm the current text below against the official source.
Amendment of Section 3 - ) Sub-section (1) of Section 3 of the Nagaland (Sale of Petroleum and Petroleum Products including Motor Spirit and Lubricants) Taxation Act, 1967, hereinafter called the Principal Act, shall be substituted by the following namely :- (1) There shall be levied and collected from every dealer a tax on sales of the following goods at the rates specified below :- (i) Motor Spirit (except diesel oil and internal Combustion oils other than petrol) : 20 paise in the rupee (ii) Lubricants, including grease, : 20 paise in the rupee (iii) Diesel oil & other internal combustion Oils other than petrol : 16 paise in the rupee (iv) Crudeoil (v) Kerosene : 4 pais in the rupee (vi) Aviation Turbine Fuel : 20 ,, ,, ,, ,, (vii) Aviation Motor Spirk other than Turbine Fuel : 20 ,, ,, ,, ,, (viii) Liquified Petroleum Gas (when used as Cooking gas) : 12 ,, ,, ,, ,, (ix) All other products obtained as derivatives of Petroleum and Natural Gas : 20 ,, 7, ,, ,, (b) After Sub-section (4) of Section 3 of the Principal Act, SubOSection (5) shall be inserted, namely: Sub-section (5) "The State Government may, by Notification in the official Gazette add to or omit any entry or entries in the Sub-section (1) or modify or vary the rate or rates of tax specified therein and thereupon the said entry or entries or the rate or rates shaIl be deemed to have been amended accordingly."