Forums
Back
Direct Taxation
What does this section specifies and what are the goods mentioned in this section
Answers (3)
Thread Starter
Rifhat KhanWhich goods are specified???
(i) Alcoholic Liquor for human consumption One per cent (ii) Tendu leaves Five per cent (iii) Timber obtained under a forest lease Two and one-half per cent (iv) Timber obtained by any mode other than under a forest lease Two and one-half per cent (v) Any other forest produce not being timber or tendu leaves Two and one-half per cent (vi) Scrap One per cent (vii) Minerals, being coal or lignite or iron ore One per cent: