In exercise of the powers conferred by Sections 4 and 5 of the Jammu and Kashmir General Sales Tax Act, 1962 and in supersession of notification SRO 137 dated.28th April 2000, the Government hereby direct that the tax on the taxable turnover shall be payable at the rates as specified in schedules A and B annexed to this notification and that the goods specified in schedule 'C' shall be exempted from payment of tax leviable under the said Act.

This notification shall come into force with effect from 01.04.2005.