In exercise of the powers conferred by sections 4 and 5 of the Jammu and Kashmir General Sales Tax Act, 1962, the Government hereby directs that the following amendments shall be made in Schedule A-l and Schedule-B to Notification SRO 117 of 2007 dated: 30.03.2007:-

In Schedule A-l

the figure "25%" shall be substituted by the figure "30%".

In Schedule B

(i) A third proviso shall be added to entry No: 1, after the second proviso, as under:

"Provided also that the job works, executed by registered industrial units on behalf of other registered industrial units, shall be exempt from tax".

(ii) Entry 6 shall be omitted.

(iii) Entry 12 shall be recast as under:

"Commercial/professional training and coaching services, provided by private educational institutions, except the services provided by IT Institutes, IT coaching Centres and IT educational Institutions".

(iv) Entry 14 shall be recast as under:

'Insurance services, except those which cover agriculture and horticulture crops and all types of cattle wealth, including infrastructure of dairy, poultry, sheep, goats, bird units and fish farms".

(v) The following entries shall be added after entry No: 20.

21. Security and Placement Services.

22. Pandal and Shamiana Services.

23. Annual Maintenance Contracts.

This notification shall come into force w.e.f 01.04.2012.

By order of the Government of Jammu and Kashmir.

Sd/-

(Iqbal Khandey) IAS

Principal Secretary to Government

Finance Department.