Amendment status not verified — confirm the current text below against the official source.
(l) Notwithstonding onything to the controry contoined in this Act but subiect to the provisions of sub- sections (3) ond (4) of section 9, o registered person, whose oggregote turnover in the preceding finonciol yeor did not exceed fifty lokh rupees moy opt to poy, in lieu of the tox poyoble by him, on omount colculoted ot such rote os moy be prescribed, but not exceeding,- (o) one per cent oftheturnover in Stote in cose of o monufocfureL (b) two ond o holf per cent. of the turnover in Stote in cose of persons engoged in moking supplies referred to in clouse (b) of porogroph 6 of Schedule ll, ond Composition levy. (3) 104 oviaion turbine fuel, sholl be levieti with effed lrom such dote os moy be notified by the Government on the recommendotions of the Council. The Government moy, on the recommendotions of the Council, by notifi cotion, specify cotegories of supply o{ goods or seryices or both, the tox on which sholl be poid on reverse chorge bosis by the recipient of such goods or services or both ond oll the provisions of this Act sholl opply to such recipient os il he is the person lloble lor poying the tox in relotion to the supply of such goods or services or both. The Stote toaln iesFecl of the supply of toxoble goods or services or bofr by o supplier, who is not registered, to o registered person sholl be poid by such person on reverse chorge bosis os fre recipient ond ollthe provrsions of this Act sholl opply to such recipient os if he is ihe person liobie ior poying the t':x ,n relstion to the supply of s.,:l: ioocis or servlces or coth. The Governmer!, .,-.: .: Jn the reccnrrnendotions ,- ' "),: Ir;acil, by noti{icotion, speciFi r. :teqories of services the tox o.l ir rro-Stote supplies of which shollbe poid by the electronic commerce The operotor if such services ore supplied through it, ond oll the provisions ol this Act sholl opply (4) (s) 103 (o) o supply of goods ond not os o supply of services; or (b) o supply of services ond not os o supply of goods.