SCHEDULE III
[See section 4]
Goods Taxable at 1%
S.No. Description of Goods Rate of tax % Conditions, if any
1 2 3 4
1 Bullion 1
2 Jewellery, ornaments and articles made of 1
Gold, silver and platinum and other precious
metals and alloys thereof, with or without
precious or semi-precious stones including
diamonds. vark of gold or silver
3. Precious and semi-precious gems and 1
stones, synthetic gems and stones
(including kharad), pearls (whether real or
cultured), agate and diamond.
4. All types of pulses whether whole, split or 1 (i) that the tax already
broken form including besan thereof. paid to the Government,
This notification shall be deemed to have if any, shall not be refunded;
come into force with effect from 08.05.2006. (ii) that the tax, if collected or charged
shall be paid to the Government; and
(iii) that this shall remain in force up to
31.03.2011 unless withdrawn earlier.
5. ** Deleted w.e.f. 15.03.2011
6. De-oiled cake. 1
7. Stainless Steel Sheets and Stainless Steel Circles 1 w.e.f. 09.03.2011