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KST2007-02
NOTIFICATION

No. FD 115 CSL 2007(2) Bangalore, dated: 30.03.2007.
Karnataka Gazette, Extraordinary, 30.03.2007

In exercise of the powers conferred by sub-section (1) of Section 8-A of the Karnataka Sales Tax Act, 1957 (Karnataka Act 25 of 1957), the Government of Karnataka hereby exempts with effect from the first day of April 2007, the tax payable under Section 5 of the said Act, on the sale of diesel not exceeding seventy thousand (70,000) kilo litres, to fishermen for use in fishing activities as per the indents issued on a monthly basis by the Director of Fisheries, Government of Karnataka, as under:-
Sl.No.
Period
Quantity of Diesel to bereleased for the month
1
01.04.2007 to 30.04.2007
7400 kilo litres
2
01.05.2007 to 31.05.2007
7400 kilo litres
3
01.06.2007 to 10.06.2007
2400 kilo litres
4
15.08.2007 to 31.08.2007
3800 kilo litres
5
01.09.2007 to 30.09.2007
7000 kilo litres
6
01.10.2007 to 31.10.2007
7000 kilo litres
7
01.11.2007 to 30.11.2007
7000 kilo litres
8
01.12.2007 to 31.12.2007
7000 kilo litres
9
01.01.2008 to 31.01.2008
7000 kilo litres
10
01.02.2008 to 29.02.2008
7000 kilo litres
11
01.03.2008 to 31.03.2008
7000 kilo litres

Provided that the unutilized quantity of diesel specified for any month may be released by the Director of Fisheries, Government of Karnataka for the immediately succeeding month so as to however not exceed seventy thousand kilolitres for the year ending 31st March 2008.
 
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