Amendment status not verified — confirm the current text below against the official source.
Section 34 A was inserted by Guj. 6 of 2006, s.20. Assessment on basis of fair market price. Gujarat Value Added Tax Act, 2003. [2005 : Guj. Explanation.--For the purpose of this section, “fair market price” means the value at which goods of like kind are sold or would be sold in the open market in the State.]