Banking Cash Transaction Tax

Section - 93 - Extent, commencement and application

BANKING CASH TRANSACTION TAX*

CHAPTER VII OF THE FINANCE ACT, 2005

BANKING CASH TRANSACTION TAX

Extent, commencement and application.

93. (1) This Chapter extends to the whole of India except the State of Jammu and Kashmir.

(2) It shall come into force on the 1st day of June, 2005.

(3) It shall apply to taxable banking transactions entered into on or after the commencement of this Chapter.


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