Explanatory notes for SRO 135(I)/2008 dated 12.02.2008
The exemption to sales tax on margarine has been provided through this notification. The PCT heading of margarine was omitted inadvertently from the Sixth Schedule (list of exemptions) of the Sales Tax Act, 1990, through the Finance Act 2007. The notification aims at correcting this anomaly. It may be added that margarine is also subjected to FED at 15% in GST mode, therefore, the levy of further 15% sales tax was not justified.
Note: The notifications aims at removing an anomalous situation, therefore, the same may not be publicised