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, supersedes this department's notification number F.12 (18) FD/Tax/07-45 dated 18.08.2008, with effect from 18.08.2008 and exempts from tax the sale to or purchase by Indian Railways of High Speed Diesel to the extent to which the rate of tax in respect thereof exceeds,-

(i) 14% for the period 02.06.2014 to 28.08.2015; and

(ii) 18% with effect from 29.08.2015

on the following conditions, namely:-

1. That in case such purchases are made by the North-Western Zone, Jaipur, of Indian Railways, the benefit of this notification shall be available subject to the condition that the aforesaid Zone shall fully source their High Speed Diesel (HSD) requirement for its operations in Rajasthan from the State of Rajasthan only, which shall not in any case be less than 85% of the total purchase of HSD made by NWR in a financial year.

2. That the North-Western Zone, Jaipur of Indian Railways shall submit quarterly information of its purchases of HSD within the State, to the Assistant Commissioner / Commercial Taxes Officer. Special Circle, Rajasthan, Jaipur, within 15 days from the end of the relevant quarters of the financial year; and

3. That the officer authorized by Indian Railways to effect such purchases on its behalf 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,

(Aditya Pareek)

Joint Secretary to Government