In exercise of the powers conferred by sub-section 6 of Section 12 and Section 22 of the Nagaland Value added Tax Act, 2005, the Governor of Nagaland is pleased to make the following amendments to the Schedules of the Nagaland Value Added Tax Act, 2005, as follows:-

(i) In the existing Schedule IV containing list of goods taxable at 4%, all rates shall stand increased from 4% to 4.75% excepting entry Sl. No. 45-Declared goods as specified in section 14 of the Central Sales Tax Act, 1956, other than goods specified in Schedule-I .This Entry Sl. No. 45 shall remain taxable @4%.

(ii) In the existing Schedule IV Listing goods taxable at 4.75%, a new entry shall be inserted after entry Sl. No. 146 namely:-

"147- Bulldozers, excavators, earthmovers, dumpers, dippers, pipe-layers, scrappers and the like, and parts & accessories thereof.- 4.75%.". The serial numbering of the existing serial No. 147 shall be amended accordingly.

(iii) In Schedule V entry Sl. No. 25 shall stand deleted.

(iv) In Schedule V, the rate of duty shall be revised from the existing 12.50% to 13.25%

This notification shall will come into effect after expiry of 14 days from the date of issue or 1st April, 2011, whichever is earlier.