Whereas, the State Government considers that the following amendments in the Madhya Pradesh Vat Rules, 2006 should be made.

Now, therefore, in exercise of the powers conferred by section 71 of the Madhya Pradesh Vat Act, 2002 (No. 20 of 2002), the State Government, hereby, makes the following further amendment in the Madhya Pradesh Vat Rules, 2006, namely:-

Amendment

In the said rules,-

1. After sub-rule (4) of rule 8, the following sub-rule shall be inserted, namely:-

"(4-A) Notwithstanding anything to the contrary contained in sub-rule (4), a registered dealer whose turnover in a year does not ordinarily exceed rupees twenty lacs or whose payment of lump sum in a year does not ordinarily exceed rupees ten thousand shall pay lump sum for every quarter of the year for which the option has been given, within thirty days of the expiry of the quarter and furnish an annual return in form 5 along with copy of challans as proof of such payments to the appropriate Commissioner Tax Officer or any other officer authorised by the Commissioner in this behalf within thirty days of the expiry of the year" and

2. After sub-rule (2) of rule 21, the following sub-rule shall be inserted, namely:-

"(2-A) Notwithstanding anything to the contrary contained in sub-rule (2), a registered dealer whose turnover in a year does not ordinarily exceed rupees twenty lacs or whose payment of tax in a year does not ordinarily exceed rupees ten thousand, shall pay tax for every quarter of a year within thirty days of the expiry of the quarter and furnish an annual return in form 10 along with copy of challans as proof of such payments to the appropriate Commercial Tax Officer or any other officer authorised by the Commissioner in this behalf within thirty days of the expiry of the year" .

By order and in the name of the Governor of Madhya Pradesh