4. The principal Order is amended by inserting, immediately after the Eighth Schedule, the following Schedule:1. The following services are prescribed for the purposes of section 21(3)(y) of the Act:| (a) | services in connection with the holding of an auction, exhibition or other similar event involving the display of goods; | | (b) | broking services and other similar services; | | (c) | conservation and restoration services; | | (d) | insurance services; | | (e) | management services; | | (f) | storage services; | | (g) | valuation services. |
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1. The following goods are prescribed for the purposes of sections 21(3)(y) and 21C of the Act:| (a) | an antique; | | (b) | an artefact; | | (c) | a collector’s item; | | (d) | jewellery; | | (e) | a precious metal; | | (f) | a precious stone; | | (g) | wine; | | (h) | a work of art. |
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2. In this Part —| “antique” means an object that is more than 100 years old; |
| “artefact” means an object of historical or cultural interest; |
| “collector’s item” means any collection or collector's piece, that is of zoological, botanical, mineralogical, anatomical, historical, archaeological, palaeontological, ethnographic, numismatic or philatelic interest; |
| “film” means a video recording, cinematographic film or any other aggregate of visual images embodied in digital format, disc, tape, film or other device in which visual images are embodied; |
“jewellery” means any object designed for the adornment of the body such as a necklace, a ring, a bracelet, an earring, or a brooch, which comprises any one or more of the following:| (a) | a precious metal; | | (b) | a precious or semi-precious stone; | | (c) | an organic substance such as pearl, coral or amber; |
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| “precious metal” means gold, silver, palladium or platinum of a purity not less than 995 thousandths that is in the form of a bar or wafer of a weight accepted by a bullion or commodity market or exchange, as the case may be; |
| “precious stone” means a diamond, a ruby, a sapphire or an emerald; |
| “sound recording” means the aggregate of the sounds embodied in digital format, disc, tape, film or other device in which sounds are embodied; |
“wine” means an alcoholic beverage falling under the following Harmonised System Headings:| (a) | 2204.10.00; | | (b) | 2204.21.11; | | (c) | 2204.21.12; | | (d) | 2204.29.11; | | (e) | 2204.29.12; | | (f) | 2204.21.21; | | (g) | 2204.21.22; | | (h) | 2204.29.21; | | (i) | 2204.29.22; | | (j) | 2204.30.10; | | (k) | 2204.30.20; | | (l) | 2205.10.10; | | (m) | 2205.10.20; | | (n) | 2205.90.10; | | (o) | 2205.90.20; | | (p) | 2206.00.10; | | (q) | 2206.00.90; and |
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“work of art” means a work or an object of artistic interest, in any material or form contained in any medium, including —| (a) | any painting, drawing, collage, decorative plaque or similar picture; | | (b) | any engraving, lithograph or other print; | | (c) | any sculpture or statuary, in any material; | | (d) | any sculpture cast; | | (e) | any tapestry or other hanging; | | (f) | any ceramic; | | (g) | any enamel on metal; | | (h) | any film; | | (i) | any photograph; | | (j) | any sound recording; and | | (k) | any installation, |
| where the work or object is not produced for mass commercial sale and where the work or object is the only such work of art or is comprised in a limited edition. |
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3. For the purpose of this Part, a collector’s piece is of philatelic interest if —| (a) | it is a postage or revenue stamp, a postmark, a first-day cover or an item of pre-stamped stationery; and | | (b) | it is franked or (if unfranked) it is not legal tender and is not intended for use as such.”. |
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[G.N. Nos. S 675/2008; S 392/2009; S 628/2009] |