WHEREAS the Government of Gujarat is satisfied that circumstances exist which render it necessary to take immediate action to make rules and to dispense with the previous publication thereof under the proviso to sub-section (4) of section 98 of the Gujarat Value Added Tax Act, 2003 (Guj.1 of 2005);

NOW, THEREFORE, in exercise of the powers conferred by section 98 of the Gujarat Value Added Tax Act, 2003(Guj.1 of 2005), the Government of Gujarat hereby makes the following rules further to amend the Gujarat Value Added Tax Rules, 2006, namely:-

1. These rules may be called the Gujarat Value Added Tax ( Third Amendment) Rules, 2008.

2. In the Gujarat Value Added Tax Rules, 2006, in rule 44-

(1) in sub-rule(2), in the proviso, for the figures, letters and word "31st March, 2008", the figures, letters and word "31st May, 2008" shall be substituted.

(2) in sub-rule(3),-

(i) after the words "rupees one crore," the words "and taxable turnover exceeds rupees twenty lacs" shall be inserted;

(ii) The following proviso shall be added namely:-

"Provided that the provision made under this sub-rule shall apply to the audit reports related to the year 2006-07 and the year subsequent to the year 2006-07.".

By order and the name of the Governor of Gujarat,