(1) Subject to conditions and in such circumstances as may prescribed, the assessing authority of the area ma the contract or the Lotal aggregate value of the conta received or. receivable towards the execution of contract, | the umover relating to the amount paid to a sub-cono as consideration for the execution of works co whether wholly or party, subject to the production of registred dealer ijable 10 tax/payment of composiz tax under the Act as the ease may be, and thal the rumoxy of such amounts is included in the retuen of turnaver.
by such sub-contractor and tax or the composition 2 case may be has been paid thereupon.
(3) Every dealer who clects to pay tax underif section shail apply in the prescribed form to the ass authority to be permitted to pay the amount of ta’ sub-section (I) and, on being so permitted, ix;
prescribed manner and form, shall pay the same. |