In exercise of the powers conferred by sub-section (3) of Section 8 of the Rajasthan Value Added Tax Act, 2003 (Act No. 4 of 2003), the State Government being of the opinion that it is expedient in the public interest so to do, hereby exempts 75% of the tax payable on the sales of goods manufactured within the State by the dealer manufacturing industrial gases in the State on the following conditions, namely :-

1. that such dealer shall not collect tax in excess of 25% of the prevailing rate of VAT on such goods.

2. that such dealer shall fulfill the eligibility criteria under Rajasthan Investment Promotion Scheme-2010 (RIPS-2010).

3. that such dealer shall set up a unit for manufacturing of industrial gases in the State with a minimum investment, as defined in RIPS-2010, of Rs. fifty crores or more and commences commercial production during the operative period of RIPS-2010.

Order of the Governor,

(Dr. Ravikumar S.)

Deputy Secretary to the Government