In exercise of the powers conferred by sub-section (2) of section 89 of the Goa Value Added Tax Act, 2005 (Goa Act 9 of 2005) and all other powers enabling it in this behalf, the Government of Goa hereby amends the Goa Value Added Tax Deferment-cum-Net Present Value Compulsory Payment Scheme, 2005, as follows:-

1. Short title and commencement.-

(1) This Scheme may be called the Goa Value Added Tax Deferment-cum-Net Present Value Compulsory Payment (Fourth Amendment) Scheme, 2010.

(2) It shall come into force at once.

2. Amendment of clause 3.-

In sub-clause (ii) of clause 3 of the Goa Value Added Tax Deferment-cum-Net Present Value Compulsory Payment Scheme, 2005 (hereinafter called as the "Principal Scheme" for the expression "60 days from the date of coming into force of the Goa Value Added Tax Deferment-cum-Net Present Value Compulsory Payment (Second Amendment) Scheme, 2010" the expression "60 days from the date of coming into force of the special order issued by the Government under proviso to sub-clause (a) of clause 2(A) of the Scheme" shall be substituted.

3. Amendment of clause 4.-

In clause 4 of the principal Scheme, for the expression "60 days from the date of coming into force of the Goa Value Added Tax Deferment-cum- -Net Present Value Compulsory Payment (Second Amendment) Scheme, 2010" the expression "60 days from the date of coming into force of the special order issued by the Government under proviso to sub-clause (a) of clause 2(A) of this Scheme" shall be substituted.

This Notification shall come into force from the date of it' publication in the Official Gazette.

By order and in the name of the Governor of Goa.