In exercise of the powers conferred by sub-section (1) of section 14B of the Gujarat Value Added Tax Act, 2003 (Guj. 1 of 2005), the Government of Gujarat hereby fixes 0.05 per cent, as the rate of lump sum tax by way of composition in lieu of the tax payable by the commission agent on the total turn over of his sales, who has been permitted to pay lump sum tax under sub-section (1) of section 14B.