In exercise of the powers conferred by sub-section (1) of section 14A of the Gujarat Value Added Tax Act, 2003 (Guj. 1 of 2005), the Government of Gujarat hereby fixes two per cent, as the rate of lump sum tax by way of composition in lieu of the tax payable by the dealer referred to in sub-clause (f) of clause (10) of section 2 of the Act, who has been permitted to pay lump sum tax under sub-section (1) of said section 14A.