section 17
Amendment of section 8, Rajasthan Act No. 4 of 2003
The Rajasthan Finance Act, 2024Tax202420 sections5 chapters
Chapter V AMENDMENT IN THE RAJASTHAN VALUE ADDED TAX ACT, 2003
Statutory text
In section 8 of the principal Act,-
- (i) for the existing sub-section (1), the following shall be substituted, namely:- “(1) Notwithstanding anything contained in this Act, where the State Government is of the opinion that it is necessary or expedient in the public interest so to do, it may, by notification in the Official Gazette, exempt fully or partially, whether prospectively or retrospectively from tax the sale or purchase of any goods, without any condition or with such condition as may be specified in the notification.”;
- (ii) The existing sub-section (2) shall be deleted.
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