Authorization

Where, during the previous or current year, the turnover of a registered dealer of goods—

1. (a) which are exported by him from the State outside the territory of India,
2. (b) which are sold by him in the course of inter-State trade or commerce, and
3. (c) which are despatched by him from the State to any place in India outside the State, exceeds Rs. 60,000 he may apply for an Authorisation to the Commissioner. Subject to the provisions of section 38 the Commissioner shall, if the Registered dealer satisfies such further requirements (including the furnishing of adequate security) as may be prescribed, issue to him an Authorization in such form and subject to such conditions, as may be prescribed. Explanation.—Where a Registered dealer has, during the year commencing on the first day of April 1978, been a dealer registered under an earlier law, and the turnover of sales made during that year of goods which are sold in the course of inter-State trade or commerce from the State or which are exported by him from the State to a place outside the territory of India or which are despatched by him from the State to any place in India outside the State had exceeded Rs. 60,000, he may also apply under this section for an Authorization to the Commissioner, and the Commissioner shall issue to him an Authorization in the manner aforesaid.