Whereas the State Government is satisfied that all such asessment proceedings of dealers liable to pay tax under the Madhya Pradesh Vanijyik Kar Adhiniyam, 1994 (No 5 of 1995), the Central Sales Tax Act, 1956 (No 74 of 1956) and the Madhya Pradesh Sthaniya Kshetra Me Mal Ke Pravesh Par Kar Adhiniyam, 1976 (No 52 of 1976), which have to be completed by the end of the calendar year 2007 under the provisions of sub-section (8) of section 27 of the Madhya Pradesh Vanijyik Kar Adhiniyam, 1994, can not be completed within the prescribed period, despite all possible efforts being made by the assessing authorities And that in order to enable the assessing authorities to complete such proceedings on merits, it is essential in the interest of justice that the time limit prescribed for the completion of such proceedings be extended further.

Now, therefore, in exercise of the powers conferred by sub-section (9) of section 27 of the Madhya Pradesh Vanijyik Kar Adhiniyam, 1994, the State Government hereby, extends, -

1. Upto 29th February, 2008, the period for completion of every such assessment proceeding in respect of every dealer, who has applied under the Notification No. F-A3-50/02/1/V(32) dated 30th October, 2007, under the said Acts, which is not completed by the 31st December, 2007.

2. Upto 31st January, 2008, the period for completion of every such asessment proceeding in respect of every dealer, other than those covered by 1 above, under the said Acts, which is not completed by the 31st December, 2007.