As per notification no. 35 dated 27.10.2010 VAT on Sand, Gitti, Flooring stone (finished and unfinished), amount of tax has been prescribed u/s 9-A of the MP VAT Act. A copy of the said notification as updated from time to time (last updation w.e.f. 01.04.2015) is given below for reference of our clients and colleagues.
- Though entry for the notified products is given in Schedule II, but the rates prescribed in the given notification shall supersede the entry given in VAT schedule.
- For purpose of sec. 5(2), the turnover shall be deemed to be amount equal to 20 times the amount of tax calculated on the basis of volume/measurement.