The Gujarat Value Added Tax Act, 2003- Notifications
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Body The following Act of the Gujarat Legislature, having been assented to by the Governor on the 25th September, 2023 is hereby published for general information.

K. M. LALA,

Secretary to the Government of Gujarat,

Legislative and Parliamentary Affairs Department.

Extract of Gujarat Taxation Laws (Amendment) Act, 2023

GUJARAT ACT NO. 9 OF 2023.

(First published, after having received the assent of the Governor, in the "Gujarat Government Gazette", on the 25th September, 2023).

AN ACT

further to amend certain taxation laws.

It is hereby enacted in the Seventy-fourth Year of the Republic of India as follows:-

1. Short title and commencement.

(1) This Act may be called the Gujarat Taxation Laws (Amendment) Act, 2023.

(2) It shall come into force on such date as the State Government may, by notification in the Official Gazette, appoint.

2. Amendment in the Guj. 1 of 2005

In the Gujarat Value Added Tax Act, 2003 (Guj. 1 of 2005.) ,-

(a) in section 30, in sub-section (5), for the words "the rate of eighteen per cent. per annum", the words "such rate, not exceeding eighteen per cent. per annum, as may be specified by the State Government by notification in the Official Gazette" shall be substituted;

(b) in section 37, in sub-section (4), for the words "the rate of eighteen per cent. per annum", the words "such rate, not exceeding eighteen per cent. per annum, as may be specified by the State Government by notification in the Official Gazette" shall be substituted.

(c) in section 42,-

(i) in sub-section (4), for the words "at the rate of eighteen per cent. per annum", the words "at such rate, not exceeding eighteen per cent. per annum, as may be specified by the State Government by notification in the Official Gazette" shall be substituted;

(ii) in sub-section (6), for the words "at the rate of eighteen per cent. per annum", the words "at such rate, not exceeding eighteen per cent. per annum, as may be specified by the State Government by notification in the Official Gazette" shall be substituted;

(iii) in sub-section (7), for the words "at the rate of eighteen per cent. per annum", the words "at such rate, not exceeding eighteen per cent. per annum, as may be specified by the State Government by notification in the Official Gazette" shall be substituted.

(d) in section 59B, in sub-section (13), for the words "at the rate of eighteen per cent. per annum", the words "at such rate, not exceeding eighteen per cent. per annum, as may be specified by the State Government by notification in the Official Gazette" shall be substituted.