Issue of Tax Licence and Tax Token.

When a person pays an instalment of tax or satisfies the Taxation Authority that he has been exempted from the payment of tax under Section 10 of the Act, the Taxation Authority, shall issue a tax licence and a tax token in Form ‘D’ and ‘E’, respectively, to such person and shall enter in the token the amount paid or the word ‘EXEMPT’ as the case may be.