Finance (No. 2) Act, 1970
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Rates of wholesale tax. |
3.—With effect on and from the 1st day of November, 1970, wholesale tax imposed by section 2 of the Finance (No. 2) Act, 1966 , shall, in the case of the goods specified in the Table to section 7 (1) of that Act, be charged, levied and paid at the rate of twenty per cent, and, accordingly, “twenty per cent.” is hereby substituted for “fifteen per cent.” in the said section 7 (1) with effect on and from that date, and “twenty per cent.” is hereby substituted for “fifteen per cent.” in section 11 (1) of that Act in respect of articles imported on or after that date. |