Purchase tax payable on purchases of goods in Schedule C in certain cases

Purchase tax payable on purchases of goods in Schedule C in certain cases.—Where a Recognised dealer purchases goods on a declaration under clause (b) of section 13, or, as the case may be, a Commission agent holding a Permit purchases goods on behalf of a principal who is a Recognised dealer, on a declaration under clause (d) of section 13, there shall be levied a purchase tax on the turnover of such purchases at the rate of four paise in the rupee.