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This law establishes a tax system for the state of Nagaland to generate revenue from the sale of goods. It applies to any person or business, known as a dealer, whose total sales exceed twelve thousand rupees in a year. The tax is collected on the transfer of movable property, including items sold through contracts or hire-purchase agreements. By requiring registered dealers to pay tax, the government funds public services and infrastructure while ensuring a standardized system for collecting sales tax within the state.
Official Legislative Text
Educational Study Layer
Chronological legislative evolution of The Nagaland Sales Tax Act,1967 across statutory gazettes and amending Acts.