Amendment of Schedule

Schedule I, Schedule II and Schedule III of the Principal Act shall be substituted by the following Schedule, namely:- The Schedule (See Section 11) Sl. No. Description of Goods Rate of Tax 1. High Speed Diesel 12% 2. Motor Spirit (Commonly known as petrol) 20% 3. Petroleum Crude 5% 4. Aviation Turbine Fuel a) From every dealer on his turnover from sale of ATF to a turbo-prop Aircraft) 4% b) From sale other than above 20% 5. Natural gas 5% 6. Alcoholic Liquor for human consumption 16%