In exercise of the powers conferred by sub-section (4) of section 8 of the Rajasthan Value Added Tax Act, 2003 (Act No. 4 of 2003) and in supersession of this Department's notification number F.12(43)FD/Tax/05-36 dated 24-08-2007, as amended from time to time, the State Government being of the opinion that it is expedient in the public interest so to do, hereby exempts, with immediate effect, from payment of tax leviable in respect of transfer of property in goods involved in the execution of works contracts, executed within the territory of Special Economic Zone, awarded by the units being established in Special Economic Zone or co-developers or developers of Special Economic Zone, up to 31.03.2016 and where the Special Economic Zone is established entirely in backward areas specified by the State Government, such exemption shall be available up to 23.08.2017.

By order of the Governor,

(Dr. Devraj)

Joint Secretary to Government