In exercise of the powers conferred by section 15-B of the Chhattisgarh Value Added Tax Act, 2005 (No. 2 of 2005) the State Government hereby exempts Builder who sells residential building / flat or commercial unit after construction from the provisions of section 5 of the repealed Act up to 4th May 2005, from the provisions of sub-section (4) of section 26 and clause (a) of sub-section (6) of section 27 of the repealed Act and sub-section (4) of section 19 and clause (a) of sub-section (6) of section 21 of this Act, if he:-

(i) is a registered dealer or obtains registration certificate within 30 days from the date of issue of this notification, and

(ii) deposits the full amount of tax due up to the date of issue of this notification within 30 days from the date of issue of this notification.

2. This notification shall come into force from the date of issue