(1) The person exercising the option to pay tax under section 10 shall cmnply with the following conditions, namely:-
(a) he is neither a casual taxable person nor a non-resident taxable person:
(b) the goods held in stock by him on the appointed day have not been purchased in the cours\! of inter-Stale trade or commerce or imported from a place outside India or received from his 1 branch s ituated outside the State or from his agent or principal outside the State, \il>'htre the oprion is exercised under sub-rule (l) of rul~ 3~
(c) the goods held in stock by him have rtoi been purchased from an unregistered supplier and where purchased. he pays Lhe rax under sub-section ( 4) of section 9:
(d) he shall pay 1ax under sub-section (3) or sub-section (4) of section 9 on inward supply of goods or services or both;
(e) he was not engaged in the manufacture of goods as notified under clause (e) of sub-section (2) of section lO. during the preceding financial year:
(f) he shall mention the wor~s ·'composition ta.'<ablc person. not eljgible to collect tax on supplies·• at the top ofthc bill of supply issued by him; and 2 Tripura Gazette) Extraordinary Issue, June 22, 2017 A. D.
(g) he shali mention the words "composition taxable person" on every notice or signboard displayed at a tprominent place at his principal place of business and at every additional place or places o f business.
(2) The registered person paying ·tax under section 10 m(;ly not file a fresh intimation every year and he may continue to pay tax under the said section subject to the provisions of the Act and these rules.