Read: Government Notification No. 4/5/2005-Fin(R&C)(5) dated 31-03-2005 published in Official Gazette, Extraordinary No. 3, Series II No. 53 dated 31-03-2005.

In exercise of the powers conferred by sub-section (3) of Section 6 of the Goa Value Added Tax Act, 2005 (Act 9 of 2005) (hereinafter called the 'said Act' and in supersession of the Government Notification No. 4/5/2005-Fin(R&C)(5) dated 31-03-2005, published in the Official Gazette, Extraordinary No. 3, Series II No. 53, dated 31-03-2005, the Government of Goa hereby allows input tax credit in excess of the rate of tax specified in sub-section (1) of Section 8 of the Central Sales Tax Act, 1956 (Central Act 74 of 1956) on goods other than capital goods and such other goods as specified in Schedule 'G' appended to the said Act, or in sub-section (2) of Section 9 of the said Act, purchased within the State, and used in the manufacturing or processing of finished products and which are dispatched outside the State other than by way of sales, subject to the following conditions namely:-

(1) The dealer shall be registered under the said Act.

(2) The dispatches shall be supported by the declaration in 'Form F' as prescribed in the Central Sales Tax (Registration and Turnover) Rules, 1957, framed under the Central Sales Tax Act, 1956 (Central Act 74 of 1956).

(3) The purchases shall be supported with Tax Invoices.

This Notification shall come into force with effect from the date of its publication in the Official Gazette.

By order and in the name of the Governor of Goa.