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