Amendment status not verified — confirm the current text below against the official source.
Omitted by Act 26 of 2004 w.e.f. 1.8.2004. 1[2[Provided that,— (i) in the case of a dealer where payment by way of composition under sub-section (1) of section 17 is accepted, the provisions of sub- section (1) shall not apply; and (ii) in the case of a dealer being a small scale industry registered with the Director of Industries and Commerce, Government of Karnataka, such dealer shall send such a statement in accordance with sub-section (1) but shall pay in advance the full amount of tax payable for every quarter within twenty days after the close of that quarter.]2 3[(iii) in the case of a dealer whose total turnover in any year is not more than seven lakh fifty thousand rupees shall submit statements for each month in accordance with sub-section (1) once in a quarter and pay in advance the full amount of tax payable for every quarter within twenty days after the close of that quarter to which such tax relates.]3 Provided further that the full amount of tax payable by a dealer in advance for the year as reduced by the amount of tax already paid under this section shall be paid within thirty days after the close of the year to which such tax relates.]1