section 8
Board to be exempted from sales tax and treated like Government for certain other taxes
The Chennai Metropolitan Water Supply and Sewerage Act, 1978Infrastructure197897 sections8 chapters
Chapter II ESTABLISHMENT OF THE BOARD AND ITS POWERS AND FUNCTIONS
Statutory text
Board to be exempted from sales tax and treated like Government for certain other taxes
- (1) . The Board shall be exempted from tax under any law relating to sales tax for the time being in force, in respect of water supply and sewerage services rendered by it.
- (2) . Where under any law relating to municipal corporation, municipality, township, panchayat or planning or development authority, the Board and its properties and assets are subject to the levy of any tax, rate, charge, cess fee, betterment levy or development charge, the rate or amount of such levy shall be the same as that applicable to the properties belonging to the Government or any local authority.
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