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 Stale Government being of the opinion that it is expedient in public interest so to do, hereby exempts from tax payable, by the registered dealers commonly known as developers/ builders who, as works contractors, undertake the construction of flats, dwellings or buildings or premises and transfer them along with goods (whether as goods or in some other form) and land or interest underlying the land in pursuance of an agreement, on the amount of consideration received up to 31.03.2014 with regard to the agreement made by them for construction of flats, dwellings or buildings or other premises.

By order of the Governor,

(Aditya Pareek)

Joint Secretary to Government