MADHYA PRADESH VALUE ADDED TAX ACT, 2002 - NOTIFICATION
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Body NOTIFICATION No. FA-3-28/09/1-V(18) Dated 3rd August, 2009

In exercise of the powers conferred by sub-section (1) of Section 11-B of the Madhya Pradesh Vat Act, 2002 (No. 20 of 2002) (hereinafter referred to as the said Act ) the State Government, hereby, directs that the class of dealers as specified in column (1) of the Schedule below, shall pay tax in lump sum at the rate specified in column (2) subject to the restrictions and conditions specified in column (3) of the said Schedule

SCHEDULE

Class of dealers

lump sum payable

Restrictions and conditions

(1)

(2)

(3)

Registered dealers, commonly known as Tent houses, doing exclusively the business of transferring the right to use goods as specified in the Schedule II of the Act for cash, deferred payment or other valuable consideration, who are liable to pay tax under the Act.

1 percent of Total turnover of the dealer.

(1) When the dealer specified in column (1) deposits within sixty days of the commencement of a year or thirty days from the publication of this notification the lump sum calculated on the basis of 115 percent of the total turnover of the previous year and submits a statement in the appended form along with the proof of payment of lump sum in the circle office in which his principal place of business is situated

(2) The provisions of section 18, 20, 28, 39, and 40 of the Act shall not apply to a registered dealer who has paid lump sum in lieu of tax.

(3) If at any time it is found that the dealer has given a false or incorrect information he shall be liable to be assessed to tax and imposition of penalty according to the provisions of the Act.

This Notification shall come into force with effect from 03/08/2009.

FORM

STATEMENT

(Under Commercial Tax Department's Notification No. ........... Dated .............

...................................

I .............................. (name) a dealer holding registration certificate No. (TIN) ............. under the Madhya Pradesh VAT Act, 2002 carry on exclusively the business of transferring the right to use goods for cash, deferred payment or other valuable consideration in the name of .................. (name of business and address) and I am liable to pay tax under the said Act.

2. *My/Our Principal place of business is situated at (address) and additional place of business at ........................ (address)

3. *My/Our total turnover in immediately preceding financial year was ...................

4. *I/We am/are enclosing herewith a challan no. .......... Dated ............... For Rs. ............. (in figure) ...................... (in words) towards the lump sum as specified in the Notification for the financial year ...........

The above statement are true to my knowledge and belief and if an any time it is found that the information given is false or incorrect, I shall be liable to be assessed to tax and imposition of penalty under the provision of the act.

Place .........	...................
Date ..........	Signature and Status

* Strike out whichever is not applicable

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