Finance Act, 1975

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Amendment of Third Schedule to Value-Added Tax Act, 1972.

53.—The Third Schedule to the Value-Added Tax Act, 1972 , is hereby amended by the substitution in paragraph (iii) of Part II of “specified in section 11 (1) (a)” for “of 5.26 per cent.”and the said paragraph, as so amended, is set out in the Table to this section.

TABLE

(iii) the hiring of goods of a kind on the delivery of which, if paragraph (xxviii) of Part I of this Schedule were disregarded, tax would be chargeable at the rate specified in section 11 (1) (a);