Regulations, 1998
Statutory Text (3 Articles)
L.N.l of 1998
CUSTOMS AND EXCISE TAX ACT, 1997
(ACT NO. XII OF 1997)
Customs and Excise Tax (Amendment of Third Schedule)
Regulations, 1998
IN exercise of the powers conferred by section 75 of the Customs
and Excise Tax Act, 1997, hereinafter in these regulations. referred to
as "the Act", the Minister of Finance and Commerce has made the
following regulations:-
(1) These regulations may be cited as the Customs and Excise Citation and
Tax (Amendment of Third Schedule) Regulations, 1998, which Third commencement.
Schedule is hereinafter being referred to in these regulations as "the
Schedule" .
(2) These regulations shall be deemed to have come into
force on the 1st January, 1998.
Immediately after item 22 of the Schedule there shall be added Adds item 23 to the
Schedule.
the following new item:-
"23.
Services by Government controlled organisations
The provision of services by Government controlled
organisations which carry out telecommunication activities,
but excluding the provision of any services where the
exemption is likely to cause significant distortions in
competition.".