MT
RegulatIons, 1996
Statutory Text (1 Articles)
L.N. '" ~ 1996
VALUE ADDED TAX ACf, 1994
(ACf NO. XU OF 1994)
Value Added Tax Act (Amendment of Serond Schedule)
RegulatIons, 1996
IN exercise of the powers conferred by section 61 of the Value Added
Tax Act. 1994. hereinafter rderred 10 as '1he Act~, the Minister of
Finance has made the following regulations: -
I . (I) These regulations maybe cited as lhe Value Added Tax O .. .",orwl
Act (Amendment of Second Schedule) Regul ations, 1996, which
Second Schedule is hereinafter being referred 10 in these regulations
as "the Schedule".
(2) These regu lations shall be deemed to have come into
force on the I SI January, 1996.
For Part Three of the Schedule there shall be substituted the w. ...
2,
::=.
following:-
" PART THREE
Definitions
For the purposes of this Schedule, the tenns described in
Ihis Part of the Schedule shall ha\'e the meaning ass igned to them
in this Part.
(a) " Food'" means the goods specified in the Customs
Tariff contained in the First Schedule 10 the Import Duttes
Act under paragraphs (i) to (xii) of th is item: provided thaI
"food" sha ll not include milkshake. tea. coffee and chocolale
supplied in liquid form.
(i) Chapter I exclud ing items falling unde r
subheadings 0101.1 1.00 .00; 0101.19.90.10
0105 . 11.11.10: 0 105 . 1 1.19 . 10 ; 0105.1 1.91.10;
0105 . 11 .99 . 10; 0105 . 12 .00 . 10; 0 105 . 19 .20.10;
0105 . 19 .90 .10; 0105 .92.00. 10; 0105.93 .00.10;
0105 .99.10.10; 0105.99.20.10; 0105 .99.30 .10;
a 105.99.50.10; a 106.00.20.90; 0106.00.90.00.
(ii) Chapters 2 t04 inclusive. but excluding items
falling under su bheadings 030l.l0 . 10.00 and
0301.10.90.00 in Chapter 3.
(iii) Items falling under subheadi ngs
0504.00 .00.00; 0505.90.00.10; 0506 .90 .00 . 10;
0508.00.00.10; 0510.00. 10 .00; 0511.10.00.00;
0511.9 1. 10 .00; 0511.9 1.90 .10; 0511.99.50 .00;
051 1.99 .80 .00 in Chapter 5.
(Iv) Ite ms falling unde r subheadi ngs
0601.20.10.00; 0602.10.1 0 .00; 0602.20.10.00
0602 .20 .90.00; 0602.90 . 10.00; 0602.90 .20.00;
0602.90.30.00 in Chapter 6.
(v) Chapters 7 la 12 inclusive. but excluding
ilems falling under subheadings 1209.30.00 .00;
1209.99.91.00; 1209 .99.99.00 in Chapter 12.
(vi) Chapler 13 excluding items falling under
subheading 1301.10 .00.00.
(vii) Chapters 15 10 20 inclusive. but excluding
items fallin g under subheadings 1501.00.11.00;
1502 .00 .10.00; 1503 .00 .1 1.00 ; 1503.00.30 .00;
1505 . 10 .00.00; 1505.90.00.00; 1507. 10.10.00;
1507.90.10.00; 1508.10.10.00; 1508.90.10 .00;
1511.10.10.00; 1511.90 .91.00; 1512 . 11.10 .00;
15 12.19.10.00; 1512 .21.10.00 ; 1512 .29.10.00;
1513 . 11.10 .00; 1513.19.30.00; 151 3.21 .11.00;
15 13.21.19.00; 15 13.29.30 .00 ; 15 14 . 10.10 .00;
1514.90.10 .00; 1515.11.00.00; 1515.19.10.00;
1515 .21.10.00; 1515.29.10.00; 1515 .30.10.00;
1515 .30 .90 .00 ; 1515.40 .00.00; 1515.50.11.00;
1515.50.91.00; 1515.60.10.00; 1515.60.90 .00 ;
1515.90. 10 .00; 1515.90 .2 1.00; 151 5.90.31.00;
1515 .90.40 .00; 1515.90.60.00; 1516 .20.10 .00;
1518.00.10 .00; 1518.00.31.00; 15 18.00.39 .00;
1518.00.91.00 ; 1518.00 .95 .00: 1518 .00.99 .00;
1521.10. 10.00; 1521.10.90.00; 1521.90.10 .00;
1522 .00 .3 1 .00; 1522.00 .3 9.00; 1522 .00.9 1 .00;
1522.00.99.00 in Chapler 15.
(viii) Chapter 21 but excluding items falting
under subheadings 2106.90.20.42: 2106.90.20.44
2106.90.20 .46: 2106 .90.20.48; 2106.90.20.49;
2 106.90 .20.92; 2106 .90.20.95: 2106.90.20 .98
2106.90.98.42: 2106.90.98.46: 2106.90.98.49.
(ill) Subheadings 2202.90.10.1 1: 2202.90.103 1
2202 .90.1 0 .39 ; 2202.90.91. 11: 2202 .90.95 . 11;
2202 .90.99.1 1: 2202 .90.99.40: 2209 .00. 11 .00 ;
2209.00.19.00; 2209.00.91 .00: 2209.00 .99 .00 in
Chapler 22.
(x)
Chapter 23.
2501.00.10 .00
(x i)
Subheadings
and
2501 .00.91 .00; in Chapter 25.
3301 .90.2 1.00;
(xii )
Subheadings
3301 .90.29.00; 3301 .90 .39.00: 3302 .10.21.00;
3302.10 .29 .91 ; 3302 . 10.29 .93; 3302 . 10.40 .00;
3302.1 0.90.00 in Chapter 33.
(b) " Pha rmaceutical goods" mea ns the goods
specified in the Tariff referred to in item (a) of this Part of
this Schedule uode r-
(i) Subheading 2905.45 .00.00 in Chapter 29.
(i i) Chapter 30.
Subheadings 3301.90.3 1.00; 3306. 10.00.00
(iii)
3306.20.00.00: 3306.90 .00.00: 3307.90.00. 10 in
Chapler 33.
Subheading 3407.00.00. 10 in Chapter 34.
(lv)
Subheading 3507.10.00.00 in Chapler 35.
(v)
3822 .00.00.10
(vi)
Subheadi n gs
and
3824.90.60.00 in Chapter 38 .
Subheadings 48 18.40.91.00
(vii)
and
48 18.40.99.00 in Chapter 48.
Subheadings 5601 .10. 10 .90
( vi ii)
and
5601.10.90.90 in Chapter 56.
(ix)
Subheading 701S.IO.oo.oo in Chapter 70.
(x) Subheadings 900 1.30.00.00; 9001 .40.4 1.00;
900 lAO .49 .00; 900 I .40.80.00; 900 I .!i0 .4 1 .00
9OOUO.49.00; 900 1.50.80.00; 9004.90. 10 .10; an d
9004.90.90.10: head ings 90 18, 90 19,9020, 902 1,9022
and 9023: and subheading 902!i.11.9 1.00, in Chapter
90. Subheadin, 9402.10.00. 10 in Chapter 94.
(x i)
(e) "Printed maUer and ot her anicle.s~ means the
goods specified in the Tariff referred 10 in item (a) o f this
Part o f this Schedule under·
(0
Subheading 4820.20.00.00 in Chapter 48.
(ii) Chapter49 but exclUding items falling under
subheading s 4906 .00.00 .00; 4907 .00 .91 .00
4907 .00.99.00; 4908 . 10.00.00; 4908 .90.00 .00
4909.00.10.00: 4909.00.90.00; 4910.00.00.90: and
49 11.99.00.10.
Subheading 71 18.90.00.00 in Chapter 71.
(iii)
(iv) Chapter98 buteJ\c1uding items fal ling under
subheading 9803.00.00.00.
(d) A non-profit making instifUlion or a non-profi l
m:1lcing organisation means an institution OJ" organisation
(i)
whose objects are clearly defi ned in its
statute
(ii)
whose objects exp ressly e;>;c1ude profit
making
(iii) whose statute provides that no part of its
income or property is available directly or indirectly to
any membe r, proprietor or shareholder
(iv) which, in the opinion of the Commissioner,
is managed and administerro in accordance: wi th the
provisions of its SlllIute and for the purpose of its stated
objects
(v)
which does nOI sys tematically aim to make
a profIt.~.
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