Amendment status not verified — confirm the current text below against the official source.
Gujarat Value Added Tax Act, 2003. [2005 : Guj. (ii) of taxable goods which are used as raw materials in the manufacture, or in the packing of goods which are dispatched outside the State in the course of branch transfer or consignment or to his agent outside the State, 32["(iii) of fuel used for the manufacture of goods.:] 33[Provided that where the rate of tax of the taxable goods consigned or dispatched by a dealer for branch transfer or to his agent outside the State is less than four per cent., then the amount of tax credit in respect of such dealer shall be reduced by the amount of tax calculated at the rate of tax set out in the Schedule on such goods on the 34[taxable turnover of purchases with in the State.] (4) The tax credit shall not be claimed by the purchasing dealer until the tax period in which he receives from a registered dealer from whom he has purchased taxable goods, a tax invoice (in original) containing particulars as may be prescribed under sub-section (1) of section 60 evidencing the amount of tax. (5) Notwithstanding anything contained in this Act, tax credit shall not be allowed for purchases- (a) made from any person other than a registered dealer under this Act; (b) made from a dealer who is not liable to pay tax under this Act; (c) made from a registered dealer who has been permitted under 35[section 14, 14A, 36[14B, 14C] or 14D] to pay lump sum amount of tax in lieu of tax ; (d) made prior to the relevant date of liability to pay tax as provided in sub-section (3) of section 3; 37[(dd) made prior to the date of registration;] (e) made in the course of inter-State trade and commerce; (f) 38[of the goods (not being taxable goods dispatched outside the state in the course of branch transfer or consignment] which are disposed of otherwise than in sale, resale or manufacture; 32 . Sub-clause (iii) was inserted by Guj., 6 of 2006, s.10 (2)(b). 33 . This proviso was inserted by Guj. 25 of 2006, Part III, s.17. 34 . These words were substituted for the words "turnover of purchases" by Guj., 9 of 2008, s.6 (2).