Roop's Law Assist
Waitlist

Section 2

[8A. Determination of turnover . — (1) In determining the turnover of a dealer for the purposes of this Act, the following deductions shall be made from the aggregate of the sale prices, namely:—

Back to ActAct Subordinates
2 [8A. Determination of turnover . — (1) In determining the turnover of a dealer for the purposes of this Act, the following deductions shall be made from the aggregate of the sale prices, namely:— (a) the amount arrived at by applying the following formula — rate of tax x aggregate of sale prices :