Finance Act, 1963
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FIRST SCHEDULE. Exempted Activities (Turnover Tax). | ||
Sections 46 , 48 , 52 . | ||
Sales of goods for delivery abroad. | ||
Sales by farmers and fishermen of their own produce otherwise than in connection with the carrying on of the business of a shop or similar retail business. | ||
Sales of live animals otherwise than in connection with the carrying on of the business of a shop or similar retail business. | ||
Sales (subject to such limitations, if any, as may be specified by regulations under section 52 of this Act) of earth, stone, gravel, sand and cement. | ||
Sales (subject to such limitations, if any, as may be specified by regulations under section 52 of this Act) of seeds, fertilisers, animal feeding-stuffs and other materials and substances of a kind used in large quantities by farmers and fishermen for the purposes of their occupation (other than hydrocarbon oils for domestic use or road transport). | ||
Sales (subject to such limitations, if any, as may be specified by regulations under section 52 of this Act) of plant, machinery and equipment in general use by farmers and fishermen (other than motor vehicles designed for the conveyance of persons by road). | ||
Sales (subject to such limitations, if any, as may be specified by regulations under section 52 of this Act) of hydrocarbon oils other than hydrocarbon oils for domestic use or for road transport. | ||
Provision of banking and insurance services. | ||
Provision of services given in return for wages and salaries within the scope of Schedule E of the Income Tax Act, 1918. | ||
Provision of services provided for agricultural, industrial or commercial purposes other than services provided in the course of carrying on a business which consists in whole or in part of selling goods by retail. | ||
Provision of services of a professional or educational nature other than services provided in the course of carrying on a business which consists in whole or in part of selling goods by retail. | ||
Provision of services provided by the State and by local authorities. | ||
Provision of services provided by hospitals, nursing homes and similar establishments. | ||
Building, and the installation of heating, lighting, plumbing and sanitary fixtures and fittings, and the repairing, painting and decorating of buildings and of fixtures attached thereto. | ||
Provision of transport. | ||
Letting of houses and accommodation and provision of board and lodging otherwise than by the proprietors of hotels. | ||
Money-lending otherwise than in connection with hire-purchase or credit-sale transactions. | ||
Advertising. |