Levy of additional tax in the case of dealers whose turnover exceeds Rs. 10,00,000 a year and manner of payment thereof

Levy of additional tax in the case of dealers whose turnover exceeds Rs. 10,00,000 a year and manner of payment thereof.

1. (1) For the purpose of raising the resources for implementing the Employment Guarantee Scheme under the Maharashtra Employment Guarantee Act, 1977, where the turnover either of all sales or of all purchases by any dealer liable to pay tax under section 3 has exceeded ten lakhs of rupees in any year, the tax payable by him shall be increased by the levy of an additional tax at the rate of 6 per cent. of the tax payable by him for that year under the other provisions of this Act. Such additional tax shall be paid by the dealer in addition to the tax levied and payable by him under the other provisions of this Act : Provided that, in calculating the additional tax payable by the dealer, the tax payable under the other provisions of this Act in respect of sales or purchases of Declared goods, betelnuts, safety matches (excluding matches ordinarily used as fire-works), agricultural machinery and implements and components, etc. to which entry 18 in Part I of Schedule C applies, kerosene, footwear to which entry 42(a) in Part II of Schedule C applies, hydrogenated vegetable oils including vanaspati and vegetable non-essential oils to which entry 35 in Part I of Schedule C applies, shall not be taken into consideration.
2. (2) The additional tax shall be paid by the dealer before furnishing the return for the year in which the turnover either of all sales or of all purchases as computed from the commencement of the year first exceeds ten lakhs of rupees. The tax so payable shall be for the period from the commencement of the year to the end of the period covered by such return and the dealer shall continue to be liable to pay the additional tax for that year for all the subsequent periods till the end of that year.
3. (3) Notwithstanding anything contained in this Act, no dealer shall be entitled to collect any sum by way of additional tax payable by him under this Act.