In exercise of the powers conferred by Section 79-A of the Jammu and Kashmir Value Added Tax Act, 2005, the Government hereby directs that, in para two of Notification SRO 91, dated: 16th March, 2006, for the words and the figures "31st March, 2012 or till the State adopts the proposed Goods and Service tax regime, whichever is earlier", the word and the figures," 31st March, 2013, or till the State adopts the proposed Goods and Services Tax regime, whichever is earlier", shall be substituted.

This notification shall come into force w.e.f 01-04-2012.

By Order of the Government of Jammu and Kashmir.

Sd/-

(Iqbal Khandey) IAS

Principal Secretary to Government

Finance Department