Incidence of tax

Tax202551 sections

Statutory text

(1) Subject to the provisions of this Act, every dealer-
- (a) who is an importer of goods; or
- (b) whose turnover in State in a financial year is greater than such amount as may be notified by State Government, shall be liable to pay tax under this Act.
(2) Notwithstanding anything contained in sub-section
(1) a dealer other than those specified in clause
- (a) of sub-section
(1) or the dealer or class of dealers as may be notified by the State Government, who purchases goods from a registered dealer of the State and sells, such goods or goods manufactured from such goods within the State, may opt for payment of tax on his turnover, at the rate as may be notified under sub-section
(2) of section 7, subject to the condition that turnover in State in a financial year of such dealer does not exceed such amount as may be notified by the State Government.
(3) A dealer registered under the Central Sales Tax Act, 1956 (Central Act No. 74 of 1956) who is not liable to pay tax under sub-sections
(1) to (2), shall nevertheless be liable to pay tax in accordance with the provisions of this Act.
(4) Notwithstanding anything contained in this Act, a dealer registered under this Act shall so long as his certificate of registration remains in force is liable to pay tax, irrespective of his turnover.

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