Whereas, the State Government considers that the following amendments in the Madhya Pradesh Vat Rules, 2006 should be made at once without previous publication in the official 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 amendments in the Madhya Pradesh Vat Rules, 2006, namely:-

AMENDMENTS

In the said rules,-

1. In rule, 21,-

(i) in sub-rule (2-A), for the words "rupees twenty lacs", the words "rupees forty lacs" shall be substituted;

(ii) for sub-rule (8), the following sub-rule shall be substituted, namely:-

"(8) (a) For the purpose of clause (a) of sub-section (4) of Section 18, the rate shall be 1.5 percent per month for the first three months and thereafter the rate shall be 2 percent per month;

(b) for the purpose of clause (b) of sub-section (4) of Section 18, the rate shall be 1.5 percent per month.".

2. In rule 36, in sub-rule (2),-

(i) in clause (b), for the words "if he is liable to pay tax ordinarily of rupees 6.25 lacs per quarter or above or rupees twenty five lacs per annum or above", the words "if he is liable to pay tax ordinarily of rupees 6.25 lacs per quarter or above or rupees twenty five lacs per annum or above, but less than rupees 25 crores" shall be substituted;

(ii) at the end of clause (b), for full stop, semi colon shall be substituted and thereafter following clause shall be added, namely:-

"(c) if he is liable to pay tax ordinarily of rupees 6.25 crores per quarter or above or rupees twenty five crores per annum or above, shall pay,-

(1) an amount equal to the actual amount of tax payable by him for the first and second month of every quarter or a year on or before the 6th of the second and the third month of the quarter;

(2) (i) balance of the amount of tax due from him according to the return of the first, second and third quarter respectively on or before the date prescribed for furnishing the return for such quarter, and

(ii) the actual amount of tax payable for the first twenty five days of the month of March of a year on or before the 31st March and the balance of the amount of tax due from him according to the return for such quarter, on or before the date prescribed for furnishing the return for that quater.".

3 (i) The amendment made by sub-clause (ii) of clause 1 shall come into force from 5th April, 2016; and

(ii) the remaining amendments shall come into force from 1st April 2016.

By order and in the name of the Governor of Madhya Pradesh,

DIPALI RASTOGI,

Secy.