Amendment status not verified — confirm the current text below against the official source.
These words were substituted for the words "which shall not be less than rupees five hundred" ibid., s.40(4). Gujarat Value Added Tax Act, 2003. [2005 : Guj. (6) Where a dealer is guilty of an offence specified in sub- sections (1) and (2), the person to be the manager of the business of such dealer under section 65 shall also be deemed to be guilty of such offence, unless he proves that the offence was committed without his knowledge or that he exercised all due diligence to prevent the commission thereof.