Remission of Difference of Tax Payable on the Sale of Cycle Locks, Amendment to Notification
The Commercial Taxes and Registration Department of the Government of Tamil Nadu issued G.O.(2D) No.6, dated 20 February 2017, amending an earlier notification on remission of the difference in tax payable by dealers selling cycle locks under the Tamil Nadu Value Added Tax Act, 2006. The amendment replaces the period from 20 December 2000 to 17 August 2001 with the period from 1 April 1999 to 19 December 2000.
What the notification does
The Commercial Taxes and Registration Department notification, G.O.(2D) No.6 dated 20 February 2017, changes the period stated in an earlier notification concerning remission of the difference in tax payable on sales of cycle locks. The Governor of Tamil Nadu made the amendment using powers under the Tamil Nadu Value Added Tax Act, 2006.
The amendment was published as Notification No. II(1)/CTR/9/2017 in Part II, Section 1 of the Tamil Nadu Government Gazette dated 29 March 2017.
Period changed
The Commercial Taxes and Registration Department amendment makes one specific substitution in Notification No. II(1)/CTR/29/2008, which was published in the Tamil Nadu Government Gazette dated 30 July 2008.
The change is:
- The earlier period, 20 December 2000 to 17 August 2001, is removed.
- The replacement period is 1 April 1999 to 19 December 2000.
The notification does not state a tax rate, remission amount, calculation method or application procedure. Its stated purpose is limited to replacing the period in the earlier notification.
Who may be affected
The Commercial Taxes and Registration Department amendment is relevant to dealers whose sales of cycle locks fall within the remission covered by the earlier notification. In particular, dealers should note that the referenced period is now 1 April 1999 to 19 December 2000, rather than 20 December 2000 to 17 August 2001.
The source text does not describe any effect on land ownership, property registration, planning permission or land use. Although the notification was issued by the Commercial Taxes and Registration Department, its subject is tax payable by cycle lock dealers under the Tamil Nadu Value Added Tax Act, 2006.
Key points
- The notification amends an earlier Gazette notification from 30 July 2008.
- It concerns remission of the difference in tax payable on sales of cycle locks.
- It substitutes one historical period for another.
- The substituted period runs from 1 April 1999 to 19 December 2000.
- No other amendment is set out in the supplied text.
This summary is generated from the source document to help you find what is relevant. The PDF above is authoritative. For advice on your own property, use LandLens One or speak to a qualified professional.
Common questions
Does this notification affect the registration or purchase of land in Tamil Nadu?
No land or property matter is covered in the source text. The notification concerns remission of the difference in tax payable by dealers on sales of cycle locks.
What tax period now applies under the amended notification?
The amended period is 1 April 1999 to 19 December 2000. It replaces the earlier wording, which referred to 20 December 2000 to 17 August 2001.
Which earlier notification was amended?
Notification No. II(1)/CTR/29/2008, published in Part II, Section 1 of the Tamil Nadu Government Gazette dated 30 July 2008, was amended.
Does the notification specify the amount or rate of tax remission?
No. The supplied text only changes the period in the earlier notification and does not state a remission amount or tax rate.
