3. Amendment of section 8 of the principal enactment

Section 8 of the principal enactment is hereby amended by the substitution for the words “in the First

Schedule to this Act as such supplies and imports are not taxable unless zero rated under section 7.” of the following:-

“in the First Schedule to this Act as such supplies and imports are not taxable unless zero rated under section 7:

Provided that, in the case of a registered person referred to in paragraph (f) of section 3 of this Act, the value of the supply of goods exempted under this Act made by such registered person directly or on behalf of any other person, which is in excess of twenty five per centum of the total supply of such registered person other than zero rated supplies and where the supply is made by the importer himself, the value of such supply of goods subject to Special Commodity Levy, shall notwithstanding the provisions contained in the

Special Commodity Levy Act, No. 48 of 2007 be deemed to be treated as liable supplies of such registered person and chargeable to tax at the rate specified in section 2 of this Act using the fraction on the tax inclusive consideration:

Provided further, in the case of a registered person -

who supplies pharmaceuticals, specified as exempted in PART II of the First Schedule to this Act; or

who supplies software dedicated products including computers and computer accessories, exceeding seventy five per centum of the total value of supplies respectively of such registered person under paragraph (a) or paragraph (b) of this proviso, as the case may be, such registered person shall not be liable to tax on any deemed liable supplies referred to in this section.”.