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THE CHHATTISGARH VALUE ADDED TAX ACT, 2005 - NOTIFICATION
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Body Notification No. F-10-68/ 2014/ CT/ V ( 71 ) Dated 31st July, 2014

In exercise of the powers conferred by clause (ii) of sub-section (1) of Section 15-B of the Chhattisgarh Value Added Tax Act, 2005 (No. 2 of 2005), the State Government hereby exempts, the class of dealer as specified in column (2) of the Schedule below, for the year as specified in column (3), from provisions of the Act and Rules as specified in column (4), subject to the restrictions and conditions specified in column (5) of the said Schedule, namely:-

SCHEDULE

S. No. Class of Dealers Year Section/Rule from which exemption is granted Restrictions and conditions
(1) (2) (3) (4) (5)
1 Registered dealer, whose annual turnover is less than Rs. 40 lac for the year 2009-10, Rs. 60 lac for the year 2010-11 and Rs 1 crore for the year 2011-12, except dealer who deals in goods specified in S.No. 5 of part-III of Schedule-II under the Chhattisgarh Value Added Tax Act, 2005 Financial year 2009-10, 2010-11 and 2011-12 Clause (i), (ii) and (iii) of sub-section (2) of section 21 and rule 20(2)(a) When the dealer specified in column (2) after payment of due tax amount with interest, if any, file a statement online in Form-18, upto 30-09-2014, prescribed in clause (b) of sub-section (1) of section 19 of the C.G. Vallue Added Tax Act, 2005

2 Registered dealer under the Chhattisgarh Value Added Tax Act, 2005 whose annual turnover is less than Rs. 10 crore, except dealer who deals in goods specified in S.No. 5 of part-III of Schedule-II Financial year 2009-10, 2010-11 and 2011-12 Clause (c) of sub-section (1) of section 19, Clause (i), (ii) and (iii) of sub-section (2) of section 21 and rule 20(2)(a) and sub-section (2) of section 41 When the dealer specified in column (2) after payment of due tax amount with interest, if any, file a statement online in Form-18, upto 30-09-2014, prescribed in clause (b) of sub-section (1) of section 19 of the C.G. Value Added Tax Act 2005 and lf his annual turnover exceeds Rs. 60 lacs in the year 2009-10, 2010-11 or Rs. 1 crore in the year 2011-12, shall furnish a copy of audit report, as required under section 44(AB) of Income Tax Act, 1961 before the Commercial Tax Officer.
3 Registered dealer under the Chhattisgarh Value Added Tax Act, 2005 whose annual turnover is Rs.10 crore or more, except dealer who deals in goods specified in S.No. 5 of part-III of Schedule-II Financial year 2009-10, 2010-11 and 2011-12 Clause (i), (ii) and (iii) of sub-section (2) of section 21 and rule 20(2)(a). When the dealer specified in column (2) after payment of due tax amount with interest, if any, file a statement online in Form-18, upto 30-09-2014, prescribed in clause (b) of sub-section (1) of section 19 of the C.G. Vallue Added Tax Act, 2005 and shall furnish a copy of audit report, in Form-50 as prescribed in sub-rule (1) of rule 53 of Chhattisgarh Value Added Tax Rules, 2006, before the Commercial Tax Officer.

By order and in the name of the Governor of Chhattisgarh

(A. P. Tripathi)

Joint Secretary