THE RAJASTHAN VALUE ADDED TAX ACT, 2003 Notifications
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Body NOTIFICATION S.O.48. No. F.12(59)FD/Tax/2014-26 Dated 14th July, 2014

In exercise of the powers conferred by sub-section (1) of section 55 of the Rajasthan Value Added Tax Act, 2003 (Act No. 4 of 2003) and in supersession of this department's notification number F.4(52)FD/Tax/99-33 dated 05.05.2006, the State Government hereby notifies the rate of interest leviable under the said Act, with effect from 01.08.2014, from dealers specified in column 2 of the list given below, as shown against them in column 3 of the said list:-

LIST

S. No.	Class of person/persons	Rate of Interest (per annum)
1	2	3
1	Dealer(s) declared sick under the provisions of – (i) the Sick Industrial Companies (Special Provisions) Act, 1985 (Central Act No. 1 of 1986), or (ii) the Companies Act, 2013	8% Compounded on annual basis
2	Dealer(s) not covered in serial number 1 above	12% Compounded on annual basis

By order of the Governor,

(Aditya Pareek)

Joint Secretary to the Government