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THE CHHATTISGARH VALUE ADDED TAX ACT, 2005 - NOTIFICATION
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Body Notification No. F-10-12/ 2007/ CT/ V ( 30 ) Dated 21st May, 2007

In exercise of the powers conferred by section 15-B of the Chhattisgarh Value Added Tax Act, 2005 (No. 2 of 2005),the State Government hereby exempts the class of goods specified in column (2) of the Schedule below from payment of tax under the said Act to the extent specified in column (3) subject to restrictions and conditions specified in column (4) with effect from the date of publication in official gazette:-

SCHEDULE

S.No. Class of goods Extent of exemption Restrictions and conditions subject to which exemption is granted
(1) (2) (3) (4)
1 Drugs and Medicines as specified in entry 42 and Medical equipments/devices and implants as specified in entry 74 in part-II of Schedule-II. Whole of Tax under Section 8 (1) When the goods specified in column (2) are re-sold in the Chhattisgarh state and such goods have suffered tax under Chhattisgarh Value Added Tax Act on Maximum Retail Price at first point of sale in the state.

(2) A registered dealer under the Act effecting first sale in the state of Chhattisgarh may give an option to pay tax on Maximum Retail Price of the goods mentioned in column (2) in the appended form to the appropriate Commercial Tax Officer. Such option shall be furnished within 30 days of publication of this notification in official gazette or within 30 days of obtaining registration under the Act, whichever is earlier.

(3) The Maximum Retail Price shall be shown in the sale bill / invoice.

(4) No input tax rebate shall be claimed or be allowed on purchase of such goods.

DECLARATION

(Under C.T.D. Notification No. ................ ..........

I,.......................................... of the dealer) .................................. (address), a dealer holding registration certificate No. .................. Under the Chhattisgarh Value added Tax Act, 2005 (No. 2 of 2005) having principal place of business at ................ and *additional place of business at ................ hereby declare that, I shall deposit tax payable under the Chhattisgarh Value added Tax Act on the Maximum Retail Price of all my sales of Drugs and Medicines during the period commencing from .......... and ending on ...................... .

Place ............

Dated ............

..................

Signature of the dealer

*Strike out whichever is not applicable.

By order and in the name of the Governor of Chhattisgarh

(K. R. Mishra)

Joint Secretary