In exercise of the powers contained in section 63 of the Himachal Pradesh Value Added Tax Act, 2005 (Act No. 12 of 2005), the Governor of Himachal Pradesh is pleased to make the following rules to amend the Himachal Pradesh Value Added Tax Rules, 2005 notified vide this department notification No.EXN-F (5)-4/2005 dated 2.12.2005 and published in the Rajpatra, Himachal Pradesh (Extra-ordinary) dated 7.12.2005, namely:-

1. Short Title.-

These rules may be called the Himachal Pradesh Value Added Tax (First Amendment) Rules, 2006.

2. Amendment of rule 24.-

In rule 24 of the Himachal Pradesh Value Added Tax Rules, 2005 in sub-rule (2) for the existing words 'such credit shall then be evailed of by the claimant proportionately over a period of one year', the words, sign and the figures 'Such credit shall be availed of by the claimant upto 31.3.2006', shall be substituted.