In exercise of the powers conferred by sub-section (3) of section 8 of the Rajasthan Value Added Tax Act, 2003 (Rajasthan Act No. 4 of 2003), the State Government being of the opinion that it is expedient in the public interest so to do, hereby exempts from payment of tax the sales of the products excluding soap, bricks, Kota-stone, marble and sand stone, manufactured by an institution, cooperative societies and individuals registered under the said Act and also with the Khadi & Village Industries Commission constituted under the Khadi & Village Industries Commission Act, 1956 or the Rajasthan Khadi & Village Industries Board constituted under the Rajasthan Khadi & Village Industries Board Act, 1955 and in whose favour certificate had been issued before April 1, 2006, by the authorities competent to do so, on the following conditions:

(1) that such exemption shall be available only on their annual gross turnover (excluding turnover of the goods mentioned above) of rupees thirty lacs for individuals and rupees one crores for others. Where the annual turnover exceeds these limits, tax shall be levied on the turnover in excess of such limits;

(2) that no input tax credit shall be claimed by such dealers in respect of purchase of raw materials used for manufacture of goods exempted above;

(3) that tax collected by the dealer up to the publication of this notification shall have to be deposited and if deposited, shall not be refunded.

Provided that the units of soap, bricks, kota-stone, marble and stone availing benefits of tax exemption up to 31-3-95, shall remain eligible to avail benefits of exemption from 1-4-06, subject to the above conditions.

This notification shall be deemed to have come into force with effect from April 1, 2006.