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 from tax to the extent the rate of tax exceeds 5% on the sale of goods made by a registered dealer of the State to M/s. Hero MotoCorp Limited for being used exclusively in the manufacturing of two wheelers within the State by it, subject to condition that such purchasing dealer shall generate a declaration in Form VAT-72 electronically through the official website of the Commercial Taxes Department, in the manner as provided therein and furnish a duly signed copy of Form VAT-72 so generated to the selling dealer.
By Order of the Governor
(Mewa Ram Jat)
Deputy Secretary to Government