Liability to taxation under this Act of transactions

The tax under this Act shall be levied on any transaction of sale or purchase deemed to take place inside the State under this Act or any other law for the time being in force. 1. Substituted by Act 26 of 1962 w.e.f. 1.10.1957. 1[The provisions of this Act relating to taxation on sales or purchases inside the State only at a single point or only at one or more stages apply to sales or purchases inside the State.]

¹ Substituted by Act 26 of 1962 w.e.f. 1.10.1957.

1[The provisions of this Act relating to taxation on sales or purchases inside the State only at a single point or only at one or more stages apply to sales or purchases inside the State.]