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FD 13 CET 2007, Bangalore, dated 22.5.2007
The draft of the following rules further to amend the Karnataka Tax of Entry of Goods Rules, 1979, which the Government of Karnataka proposed to make in exercise of the powers conferred by Section 30 of the Karnataka Tax on Entry of Goods Act, 1979 (Karnataka Act 27 of 1979) is hereby given that the said draft will be taken into consideration after fifteen days from the date of its publication in the Official Gazette.
Any Objection or suggestion, which may be received by the State Government from any person with respect to the said draft before the expiry of the period specified above, will be considered by the State Government. Objections and suggestions may be addressed to the Principal Secretary and to Government, Finance Department, Vidhana soudha, Bangalore – 560 001
1. Title and commencement.-
  (1) These rules may be called the Karnataka Tax on Entry of Goods (Amendment) Rules, 2007.
  (2) They shall be deemed to have come into force from the First day of April 2007.
2. Amendment of Rule 9-A.-
  In the Karnataka Tax on Entry of Goods Rules, 1979 (hereinafter referred to as the said rules), in Rule 9-A, for sub-rule (4), the following shall be substituted, namely.-
  “(4) In determining the value of goods liable to tax, the value of goods returned from outside the State, which were sent outside the State by way of sale in the course of inter-State, trade and commerce or otherwise than by way of sale, within a period of six months from the date of their delivery to the purchaser of the consignee, shall be deducted subject to the conditions that the accounts show the date on which the goods were delivered and returned and also the amount refunded to the purchaser in respect of such goods returned.”
3. Amendment of Rule 100.-
  In Rule 100 of the said rules, in clause (c), after the words “chartered accountant”, the words “or a cost accountant” shall be inserted.
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