Whereas, the State Government considers it necessary that the following amendment in the Madhya Pradesh Vat Rules, 2006 should be made at once without previous publication in the Madhya Pradesh Gazette;
Now, therefore, in exercise of the powers conferred by Section 71 of the Madhya Pradesh Vat Act, 2002 (No. 20 of 2002), the State Government, hereby, makes the following further amendment in the Madhya Pradesh Vat Rules, 2006, namely:-
AMENDMENTS
In the said rules, for rule 5-A, the following rule shall be substituted, namely:-
"5-A. Limit of turnover under Section 10-A
For the purpose of sub-section (3) of Section 10-A, the limit shall be,-
(i) rupees fifty crores, in case of basmati paddy;
(ii) rupees three hundred crores, in case of wheat;
(iii) rupees ten crores, in other cases .".
2. This amendment shall be deemed to have come into force from 17-03-2015
By order and in the name of the Governor of Madhya Pradesh,
(Ravindra Kumar Choudhary)
Deputy. Secretary
Government of Madhya Pradesh
Commercial Tax Department