(1 J In this Table, "tariff item", "sub-heading", " heading" and · ·chapter" sl·all 111 e un res pectively a… — The Tripura State Goods and Services Tax Act, 2017

rs:- ----- - - --- Exp/anotiun . -· (1 J In this Table, "tariff item", "sub-heading", " heading" and · ·chapter" sl·all 111 e un res pectively a tariff item, sub-heading, heading and chapter as speci!Jed in the First Schedult: to the Cu stoms Tarirf Act, l975 (51 of 1975) The rules for the interpretation of the First Schedule to the said Customs Tariff Act. 1975 (51 of 1975), including the Section and Chapter Notes and the General Explanatory Notes of the First Schedule shall, so far as may be, apply to the interpretation of this notification. This notification shall come into force with effect from the 1 ''day or July, 2017. By order of the (;overnor, .2-. j) lb ''cr ~ .2. lb N11j) ~ .2 (M. Nag11raju) Principal Secretary. Government ofTripura. Finance Department .2-. j) lb ''cr TRIPURA I GAZETTE Published by Authority EXTRAORDINARY ISSUE Agartala, Thursday, June 29, 2017 A. D., Asadha 8, 1939 S. E. PART -1- Orders and Notifications by the Government of Tripura, The High Court, Government Treasury etc. GOVERNMENT OF TR!PURA FINANCE DEPARTMENT (TAXES & EXCISE) NO.F.l-11(91 )-TAX/GST/2017(Part) Dated, Agartala, the29thJunc, 2017. In exercise of the powers conferred under sub,scction ( 1) of section I 0 of the Tripura State Goods and Services Tax Act, 2017 (Tripura Act No ·9 ·9 of 20 I 7) (hereinafter referred to as the said Act), the State Government, on the recommendations of the Council, hereby prescribes an eligible registered person, whose aggregate turnover in the preceding financial year did not exceed fifty lakh rupees, may opt to pay, in lieu of the state tax payable by him, an amount calculated at the rate of,-- (i) one per cent. of the turnover in State in case of a manufactur<:r, (i i) two and a half per cent of the tLII novcr in State in case of re,·sons <.:ng