(1) Notwithstanding anything contained in section 17, any dealer, who is not registered under this Act and whose gross turnover of sales during a year does not exceed five lakh rupees, may, subject to the restrictions and conditions specified hereinafter and as may be prescribed, opt for payment of a lump sum of four thousand rupees for such year in lieu of the tax payable by him under section 17:
Provided that if a dealer is liable to pay tax under section 15, he shall not be eligible for payment for that year in accordance with the provisions of this section.
(2) A dealer who opts under sub-section (1) to make payment of the lump sum shall, in the prescribed manner, pay on or before such date as may be prescribed such lump sum into a Government Treasury or the Reserve Bank of India and shall furnish to the Commissioner a receipted challan from such Treasury or Bank showing the payment of such sum in such manner and by such date as may be prescribed.
(3) The Commissioner shall, on furnishing of the receipted challan referred to in sub-section (2) by the dealer, enrol the dealer in the prescribed manner and thereafter allot an enrolment number to the dealer in the prescribed manner.
Power of the State Government to fix rates of tax on sale of goods specified in Schedule N.
Payment of a lump SUM in lieu of tax under section 17.
473 The West Bengal Sales Tax Act, 1994.
[West Ben. Act Rate of tax on purchase of raw jute and other goods.
(Chapter 11L —Incidence and levy of tax and rate of tax.—Section 20.)
(4) If any enrolled dealer makes the payment of lump sum for any year as referred to in sub-section (I), the provision of section 26, section 30 or section 46 shall not apply to such entrolled dealer in respect of the year for which he makes lump sum payment.
(5) Any dealer whose gross turnover of sales during any year exceeds five lakh rupees shall cease to be eligible for lump sum payment for such year and he shall, from the commencement of such year, be liable to make payment of tax at the rate specified in section 17, and the lump sum payment, if any, made by such dealer for such year shall be adjusted with the amount of tax payable under section 17.
(6) If a certificate of registration is granted to a dealer under subsection (3) of section 26, such dealer shall furnish returns along with receipted challans showing payment of tax in accordance with the provisions of sub-section (5) by such date and in such manner as may be prescribed.