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 0.1.04.2005.

SCHEDULE 'A'

Goods chargeable to tax at the rate of 20%

1. Foreign Liquor including IMFL, beer, ale porter and other fermented drinks.

2. Resin.

3. Lottery tickets.

4. Natural gas.

5. Aviation turbine fuel.

SCHEDULE 'B'

Goods chargeable to tax at the rate of 4%

1. Services provided in the shape of works contract.

2. Services provided by telecom/cellular agencies.

3. Services rendered by photographers in the shape of photo finishing, including developing, printing and enlarging.

4. Services in the form of lodging/boarding provided by hotels.

5. Services provided by beauty saloons.

6. Services provided by nursing homes.

7. Services provided by advertisers.

SCHEDULE 'C'

Goods exempted from payment of tax under Section 5 of the Act.

1. The goods specified in the schedules A,B, C and D appended to the Jammu and Kashmir Value Added Tax ACT 2005.