In exercise of the powers conferred by section 99 of the Rajasthan Value Added Tax Act, 2003 (Act No. 4 of 2003), the State Government hereby makes the following rules further to amend the Rajasthan Value Added Tax Rules, 2006, namely:-

1. Short title and commencement-

(1) These rules may be called the Rajasthan Value Added Tax (Second Amendment) Rules, 2012.

(2) They shall come into force with effect from 01.04.2012.

2. Amendment of rule 19A.-

The existing rule 19A of the Rajasthan Value Added Tax Rules, 2006, herein after referred to as the said rules, shall be substituted by the following, namely:-

19A. Late fee.-

Where a dealer furnishes the return after the prescribed time, he shall pay a late fee of-

(i) rupees one hundred per day subject to a maximum of rupees fifty thousand in case the dealer is required to pay tax for each month or part thereof under section 20 of the Act and

(ii) rupees fifty per day subject to a maximum of rupees five thousand, in all other cases.

3. Amendment of rule 68.-

The existing rule 68 of the said rules, shall be substituted by the following, namely:-

"(1) Application for settlement shall be submitted in Form VAT-56 in quadruplicate and separate applications shall be submitted by the applicant for separate orders.

(2) Every application submitted to the Tax Settlement Board shall be accompanied with the proof of deposit of fee which shall be one percent of the disputed outstanding amount of tax, penalty and interest subject to maximum of rupees ten thousand. Such fee shall be adjustable in the final amount of settlement but shall not be refundable in any case:

Provided that such application and fee shall not be required in the matters referred by any court/authority to the Tax Settlement Board."

4. Amendment of rule 69A.-

In the rule 69A of the said rules,-

(i) the existing sub-rule (11) shall be substituted by the following, namely:-

(11) The decision of the Tax Settlement Board shall be unanimous. The quorum of the Tax Settlement Board shall be of minimum two including the Chairperson.

(ii) in the existing sub-rule (12), the existing expression "under consideration of the Tax Settlement Board" shall be deleted.

(iii) in the existing sub-rule (17), for the existing expression "seize", the expression "cease" shall be substituted.

By Order of the Governor,

Dr. Ravikumar S,

Deputy Secretary to Government