WHEREAS the Government of Gujarat is satisfied that circumstances exists which render it necessary to make immediate action to make rules and no 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 (Sixth Amendment) Rules, 2008.

2. In the Gujarat Value Added Tax Rules, 2006, existing rule shall be renumbered and sub-rule (1) of that rule 2A and after sub-rule(1) as so renumbered, the following shall be inserted, namely:-

"(2) Where a dealer who has received liquified petroleum gas (Polyisobutylene Feed Stock) for use in the manufacture of Polyisobutylene and during the process of manufacturing of Polyisobutylene has returned the balance quantity of liquified petroleum gas (Polyisobutylene Feed Stock) to the seller, such quantity of liquified petroleum gas (Polyisobutylene Feed Stock) in return-stream shall be treated as goods returned".