Chapter III LEVY OF TAX AND UTILISATION OF THE PROCEEDS OF TAX

1. (1) There shall be levied and collected a tax on the sale [or purchase] of motor spirit at such stage, as may be prescribed: Provided that such tax shall not be levied on any sale [or purchase] at more than one stage.
2. (2) Subject to the provisions of section 6, the tax under sub-section
3. (1) shall be levied for the prescribed period, in the prescribed manner, and at such rate or rates [not exceeding 30 per cent.] [of the sale price, or of the purchase price, as the case may be, of such motor spirit]) as may be prescribed, and different rates may be prescribed for different kinds of motor spirit.
4. (3) If any tax payable under sub-section
5. (1) is not paid within the prescribed period, the Collector may in lieu thereof, recover any sum not exceeding double the amount of the tax so unpaid which the Collector may think it reasonable to recover.

1. (1) Where accounts are kept and maintained, and statements submitted in the manner, and for the period, prescribed by section 13, the tax leviable under section 5 shall be assessed by the Collector on the sales [or purchases] as disclosed in such accounts and statements.
2. (2) Where no such accounts are kept and maintained, or where no such statements are submitted, or where the Collector has reasonable ground for believing that the accounts or statements are false or incorrect, the Collector shall make the assessment to the best of his judgment.

Where tax is levied and collected under section 5 on the sale of motor spirit to a wholesale trader, and such motor spirit is then exported outside the [State of Maharashtra] the wholesale trader shall, upon an application made in this behalf and subject to such conditions as may be prescribed, be entitled to a refund of the tax in respect of the sale to him of the motor spirit.

Exemption.

7A.

1. (1) Subject to such conditions as it may impose, the State Government may, if it is necessary so to do in the public interest, by notification in the Official Gazette, exempt any specified class of sales or purchases from payment of the whole or any part of the

1. (1) The proceeds of the tax and penalties, other than fine, recovered under this Act, shall first be credited to the Consolidated Fund of the State.
2. (2) After deducting from the said proceeds, such sum as the State Government may determine in this behalf, but not exceeding 50 per cent. thereof, the remaining amount shall be entered in and transferred