IIn exercise of the powers conferred by sub-section (3) of section 4 of the Karnataka Value Added Tax Act, 2003( Karnataka Act 32 of 2004), the Government of Karnataka hereby reduces with effect from the First day of April, 2010 and upto thirtieth day of June, 2010, the tax payable under the said Act to four per cent, on the sale of medicinal and pharmaceutical preparations byt,

1. a dealer selling such goods out of his stock held as on thirty first day of March, 2010 and on which tax has been paid at four per cent under the said Act on its sale to him by another dealer registered in the State; and
2. a dealer selling such goods out of his purchases made from a dealer falling under clause (1), subject to the condition that the burden of proving that the sale of goods by him fall under clause (1) or (2) shall be on the dealer claiming reduction of tax under this notification