(1) The tax payable by a casual dealer under clause (a) of section 15 shall be levied on such part of his sale price which remains after deducting there-
(a) sales of goods declared tax-free under section 21;
(b) sales of goods which are shown to the satisfaction of the Commissioner to have taken place in the course of inter-State trade or commerce within the meaning of section 3 of the Central.Sales Tax Act, 1956, or in the course of import of the goods into, or export of the goods out of, the territory of India within the meaning of section 5 of that Act.
(2) The tax payable by a casual dealer as referred to in subsection (1), shall be levied at the rate of tax applicable to a sale of such goods under sub-section (2) of section 16.";
74 of 1956.
18 THE KOLKATA GAZETTE, EXTRAORDINARY, MARCH 31, 2005 [PART III The West Bengal Finance Act, 2005.
(Section 9.)
(11) for section 17, the following section shall be substituted:— "Levy of tax on 17. (1) The tax payable by a dealer, who is liable turnover of purchases. to pay tax on his turnover of purchases under section 11 or section 12, shall be levied—
(a) at the rate of two per centun i of such part of the turnover of purchases of raw jute under section 11 as defined in sub-clause (a) and sub-clause (b) of clause (54) of section 2; or
(b) at the rate of tax as applicable to a sale of such goods under sub-section (2) of section 16 on such part of the turnover of purchases as represents purchases under section 12 as defined in sub-clause (c) of clause (54) of section 2:
Provided that in calculating the tax payable under the clause (a) by a dealer, who is the occupier of a jute mill, on his turnover of purchases of raw jute during the period, the purchase price in respect of any quantity of raw jute sold and despatched by him during such period subsequent to his purchase thereof to any place within West Bengal shall be deducted from such turnover of purchases.";
(12) after section 17, the following section shall be inserted:—
17A. The tax payable by a casual dealer shall be levied on his purchases, as referred to in clause (b) of section 15, at the rate of tax as applicable to a sale of such goods under sub-section (2) of section I6.";
(13) for section 18, the following section shall be substituted:— "Levy of tax on taxable contractual transfer price.