H.P. Ordinance No. 3 of 2012
THE HIMACHAL PRADESH VALUE ADDED TAX (AMENDMENT) ORDINANCE, 2012
Promulgated by the Governor of Himachal Pradesh in the Sixty-third Year of the Republic of India.
An Ordinance further to amend the Himachal Pradesh Value Added Tax Act, 2005 (Act No.12 of 2005).
WHEREAS, the Legislative Assembly of Himachal Pradesh is not in session and the Governor of Himachal Pradesh is satisfied that the circumstances exist which render it necessary for her to take immediate action;
NOW, THEREFORE, in exercise of the powers conferred by clause (1) of article 213 of the Constitution of India, the Governor of Himachal Pradesh is pleased to promulgate the following Ordinance:-
1. Short title and commencement.-
(1)This Ordinance may be called the Himachal Pradesh Value Added Tax (Amendment) Ordinance, 2012.
(2) It shall and shall always be deemed to have come into force on the first day of April, 2012.
2. Amendment of section 4.-
In section 4 of the Himachal Pradesh Value Added Tax Act, 2005 (12 of 2005) (hereinafter referred to as the 'said Act' in sub-section (6), in clause (c), for the figures and signs "4,00,000/-" the figures and signs "5,00,000/-" shall be substituted.
3. Amendment of section 16.-
In section 16 of the principal Act, after sub-section (3), the following new sub-section (3a) shall be inserted, namely:-
"(3a) The State Government may, by notification, exempt any class of dealer from filing of return, subject to such restrictions and conditions, such limit of turnover and for such period, as may be prescribed, and tax, if any, deducted at source, shall be deemed final payment of tax and such dealer shall not be liable to assessment for that period."
(URMILA SINGH)
Governor,
Himachal Pradesh.