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MADHYA PRADESH VALUE ADDED TAX ACT, 2002 - NOTIFICATION
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Body Notification No. F-A-3-19/2009/1/V/28 Dated 27th October, 2009

Whereas, the State Government considers it necessary that the following amendments in the Madhya Pradesh Vat Rules, 2006 should be made at once without previous publication in the Official Gazette;

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. In rule 8-A, for sub-rule (4), the following Proviso shall be inserted namely:-

"Provided that in case of works contract in which a registered dealer supplies goods specified in Schedule II purchased from an unregistered dealer to the extent of rupees one lac, the amount to be paid in lump sun by way of composition shall be determined at the rate of 1 percent.

2. In rule 36, for sub rule (2), the following sub-rule shall be substituted, namely:-

(2) Every registered dealer who is required to furnish quarterly returns,-

(a) if he is liable to pay tax ordinarily of rupees fifteen thousand per quarter or rupees sixty thousand per annum or above but less than rupees twenty five lacs shall pay,-

(1) an amount equal to the actual amount of tax payable by him for the first and second month of every quarter of a year or one third of the tax deposited in respect of quarter of the previous year corresponding to such quarter on or before the 10th of the second and third month of the quarter,

(2) (i) the balance of the amount of tax due from him according to the return for the first , second and third quarter respectively on or before the date prescribed for furnishing the return for such quarter, and

(ii) the actual amount of tax payable for the first twenty five days of the month of March or one third of the tax deposited in respect of the last quarter of the preceding year on or before 31st March of the year and the balance of the amount of tax due from him according to the last return for such quarter, on or before the date prescribed for furnishing that return,

(b) if he is liable to pay tax ordinarily of rupees 6.25 lacs per quarter or above or rupees twenty five lacs per annum or above, shall pay,-

(1) an amount equal to the actual amount of tax payable by him for the first and second month of every quarter of a year on or before the 10th of the second and the third month of the quarter,

(2) (i) balance of the amount of tax due from him according to the return of the first, second and third quarter respectively on or before the date prescribed for furnishing the return for such quarter; and

(ii) the actual amount of tax payable for the first twenty five days of the month of March of a year on or before the 31st March and the balance of the amount of tax due from him according to the return for such quarter, on or before the date prescribed for furnishing the return for that quarter.

3. In rule 54, for sub rule (1), the word, figure and letter "in Form 41-A" the words " for the purpose of Income.tax" shall be substituted.

4. In Form 10 I,-

(i)In part B, C, E and F

(a) the column relating to "Name of Commodity/HSN Code" shall be omitted;

(b) for the figure and sign "4%", the figures and sign "4/5%" shall be substituted;

(ii) In part I, for item 8, the following items shall be substituted namely:

"8. Amount of rebate reserved for refund after two years

9. Amount of rebate carried over to next quarter";

(iii) in part J for the existing heading, the following heading shall be substituted, namely:-

"Dealer-wise purchases within the state exceeding rupees 25000, in the quarter, of goods specified in Schedule II";

(iv) for the existing "List of Annexures", the following "List of Annexures" shall be substituted namely:-

List of Annexures

(Annexure forming part of the return are to be annexed by the dealer

(i) to whom they apply;

(ii) whose annual turnover of goods specified in Schedule II exceeds rupees 40 lacs).

Annexure- 1 Dealer wise List of Import Purchases of goods specified in Schedule II

S No. Name of Selling dealer TIN Rate of Tax Total Purchases
(1) (2) (3) (4) (5)

Annexure- 2 List of Receipt of consignment of goods specified in Schedule II

S No. Name of Consignor TIN Rate of Tax Approx. Value of Consignment(s)
(1) (2) (3) (4) (5)

Annexure- 3 List of sales in units located in Special Economic Zone

S No. Name of purchasing dealer Name of SEZ TIN Bill No. & Date Sale Value Declaration Form No. & date (if any) Mode of Transport
(1) (2) (3) (4) (5) (6) (7) (8)

Annexure- 4 Statement of Production and utilization of capping by Industrial units availing exemption / deferment facility

1. Form-4 as prescribed in schemes/Notifications

2. Copy of eligibility certificate

Annexure- 5 Quantitative Details of Mining and Minerals in return period

S No. Quantity extracted in

(MT/Cu.Met.)

Location of Mine with district Approx. Market value Amount of Royalty Payable
(1) (2) (3) (4) (5)

(Seal & Signature of the Dealer)

5. Form 41-A shall be omitted.

Commencement Note-

(i) the amendments made by clauses (1) to (3) and 5 of this notification shall be deemed to have come into force from 24th September 2009.

(ii) Form 10 as prescribed by the notification no. F-A-3-19/2009/1/V/(27) dated 24th September, 2009 and as amended by clause 4 of this notification, shall be applicable from the first quarter of the financial year 2010-11.

By order an in the name of the Governor of Madhya Pradesh.