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.