Amendment status not verified — confirm the current text below against the official source.
Power to remove difflculties SCHEDULES I Goods exempted from payment oi VAT li Goods liable for'1 7" rate of VAT lll Goods liable lot 4"/" @le olVAf lV Goods Iiable for 4"/. rate of VAT V Goods liable for 12.5% rate ot VAT THE SII(I(IMVAI,UE ADDED TAX ACT,2OO5 (ACl' NO. 5 OF 2005) AN ACT to consolidate the law relating lo llle levy oltax on sale olgoods in the Stale ofSikkim and for matters connccted thercwith or incidennl ihercto Bc it enactcd by thc Lcgislalurc ofsikkirn in the Fifty-sixth Yearolthe RePublic oilndia as fbllows: - CHAPTER I PR-I,I,IMI\ARY