In exercise of the powers conferred by sub-section (3) of section 8 of the Rajasthan Value Added Tax Act, 2003 (Act No. 4 of 2003), the State Government being of opinion that it is expedient in the public interest so to do, hereby, with immediate effect, exempts from payment of tax payable by any dealer who has opted for payment of lump sum in lieu of tax under notification number F.12(63)FD/tax/2005-37 dated 06.05.2006 (Composition Scheme for Gems and Stones, 2006), as amended from time to time, and failed to deposit the composition amount, interest or !ate fee within the period specified under the said notification, on the condition that such dealer has deposited the following amount upto 30.062016, namel y:-

(i) Compositi on amount payable under the said notification;

(ii) Interest upto the date of deposit of composition amount, if any,; and

(iii) An amount equal to 200% of the due composition amount which has not been deposited within the period specified under the said notification.

By Order of the Governor

(Dr. Devraj)

Joint Secretary to Government.