Chapter VIII SET-OFF, REFUNDS, ETC.

Exemption and refund.— (1) The State Government may, by notification in the Official Gazette, grant exemptions from the payment of the whole or any part of the tax in respect of any class of sales or purchases of goods as may be specified in the notification. (2) The State Government may, by notification in the Official Gazette, grant refunds to any class of dealers or to any class of transactions, of the whole or any part of the tax paid by them under this Act, subject to such conditions, if any, as may be specified in the notification.

Applicability of all the provisions of this Act or any earlier law to person liable to pay tax under this Act.— Every person who is liable to pay tax under this Act shall, for the purposes of assessment, reassessment, levy, collection, refund, appeal, rectification, review, and for any other purpose under this Act, be subject to all the provisions of this Act or any earlier law, as the case may be, as if he were a dealer, and all powers and functions conferred or imposed on any authority or person under this Act or any earlier law shall apply to such person as they apply to a dealer.

[Section text not available in the official gazette publication.]

Power to withhold refund in certain cases Power to withhold refund in certain cases.—Where an order giving rise to a refund is the subject-matter of an appeal or further proceeding or where any other proceeding under this Act is pending, and the Commissioner is of the opinion that the grant of the refund is likely to adversely affect the revenue, the Commissioner may, with the previous approval of the State Government, withhold the refund till such time as the Commissioner may determine.