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"In the budget speech for 1993-94, it has been announced, as a major tax reform effect to rationalise certain provisions of the Tamil Nadu General Sales Tax Act, 1959 (Tamil Nadu Act I of 1959) relating to total turnover, works contract, leasing, self-assessment, compounding provision to civil works contract, etc. The Government have accordingly proposed to amend the said Tamil Nadu General Sales Tax Act, 195 9 for the above purposes.
2. The Bill seeks to give effect to the above proposal."