Bare ActsThe KARNATAKA SALES TAX ACT, 1957

Section 27

Certain dealers to issue 1[and obtain]1 Bill or Cash Memorandum

Amendment status not verified — confirm the current text below against the official source.

Certain dealers to issue 1[and obtain]1 Bill or Cash Memorandum.- (1) Every dealer whose turnover exceeds 2[fifty thousand rupees]2 in any year shall, in respect of all goods sold by him, issue a bill or a cash memorandum to the purchaser, signed and dated by him or his servant, manager, or agent showing such particulars as may be prescribed and shall keep the counterfoil or duplicate of such bill or cash memorandum duly signed and dated and preserve it for a period of not less than five years from such date.

Section 27 – The KARNATAKA SALES TAX ACT, 1957 | DailyLaw.ai