WHEREAS, the State Government is satisfied that it is expedient so to do in public interest;

NOW, THEREFORE, in exercise of the powers conferred by sub-section (4) and (6) of section 4 and sub section (1) of Section 75 of The Uttarakhand Value Added Tax Act, 2005 (Act No. 27 of 2005) read with section 21 of the Uttar Pradesh General Clauses Act, 1904 (U.P. Act No. 1 of 1904) (as applicable to the State of Uttarakhand), the Governor is pleased to postpone with immediate effect, the implementation of point No. (c) of the Notification No.795/2011 /03(120)/XXVII(8)/07 Dated 20-07-2011 till further orders:-

Further with effect from 01-04-2012 till the issuance of this notification the power to remit the tax and interest due under the above notification shall be exercised by the assessing authority with the following restrictions:-

1. The assessing officer on exemination of books of account feels satisfied that the assessee has not realised any tax on such sales.

2. The assessing officer shall seek the approval on file from the Joint Commissioner (Executive) Commercial Tax of his area before remission of tax.

3. such dealers, who have realised the tax from the purchaser shall deposit the tax as per rules.

(Radha Raturi)

Secretary Finance