In exercise of the powers conferred by clause (ii) of sub-section (1) of section 15-B of the Chhattisgarh Value Added Tax Act. 2005 (No. 2 of 2005). the State Government, hereby, makes the following further amendment in this departments notification No. F-10-46/2018/CT/V (75). dated 04.09.2018. namely
AMENDMENT
In the said notification,-
For the figures, words and punctuation "31st December, 2018", the figures, words and punctuation "30th April, 2019" shall be substituted.
By order and in the name of the Governor of Chhattisgarh,
(Sangetetha P.)
Special Secretary
INSTAVAT COMMENT
Above Menioned Notification read as under :
Notificaiton No. F-10-46 /2018/CT/V ( 75 ) Dated 4th September, 2018
Whereas, the State Government is satisfied that all such assessment proceeding of dealers liable to pay tax under the Chhattisgarh Value Added Tax Act, 2005 (No. 2 of 2005), the Central Sales Tax Act, 1956 (No. 74 of 1956) or the Chhattisgarh Sthaniya Kshetra Me Mal ke Pravesh Par Kar Adhiniyam, 1976 (No. 52 of 1976), which have to be completed by the end of the calendar year 2017 under the provisions of sub-section (7) of section 21 of the Chhattisgarh Value Added Tax Act, 2005 (No. 2 of 2005) and which cannot be completed within the prescribed period despite all possible efforts being made by the assessing authorities, and in order to enable the assessing authorities to complete such proceedings on merits, it is essential that the time limit prescribed for the completion of such proceedings is extended;
Now Therefore, in exercise of the powers conferred by sub-section (8) of section 21 of the Chhattisgarh Value Added Tax Act, 2005 (No. 2 of 2005), the State Government, hereby, extends up to 30th June, 2019 the period for completion of every such assessment proceeding under the said Acts in respect of every such dealer whose turnover in the year does not exceed Rs. 1 Crore, and not completed by 30th September. 2018 and State Government, hereby, extends up to 31st December, 2018 the period for completion of every such assessment proceeding under the said Acts in respect of every such dealer whose turnover in the year exceeds Rs. 1 Crore, and not completed by 30th September, 2018.