section 3
Amendment of the Schedule
The Mizoram Professions, Trades, Calling and Employments Taxation (First Amendment) Act, 1997(1) In entry no 6 of the Schedule annexed to principal Act, the words “or income” appearing after the words :Any dealerwhose annual gross turnover” shall be deleted. (2) Between entry no 6. and 7 of the Schedule annexed to the Act, the following new entry shall be inserted, namely :- “6A. Owner of mechanical ........... electrical or electronic repair works including fabrications and furtniture works. 0.5 percent /of such annual turnover subject to a maximum of Rs. 2,500/- p.a. (3) In entry no 11. of the Schedule annexed to the principal Act, for the figure and the wor/ds “Rs. 2,000/- per annum” specified in respect of Banking Companies as defined in the Banking Regulation Act, 1949 “the figure and the words “Rs 2,500/ - per annum” shall be substituted. (4) In entry no 12 of the Schedule annexed to the Principal Act, for the figure and the words, “Rs 2,000/- per annum” specified in respect of companies registered under the Companies Act, 1956 and engaged in any profession, trade or calling, the figure and the word, “Rs. 2,500/- per annum” shall be substituted. (5) In entry no. 13 of the Schedule annexed to the Act, for the figure and the words, “Rs 1,500/- per annum” specified in respect of Pertnership firms when engaged in any professions, trades, or calling, the figure and the words, “Rs 2,500/- per annum” shall be substituted.
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