Amendment status not verified — confirm the current text below against the official source.
Where in importer of any goods liable to pay tax under this Act, being a dealer in such goods becomes liable to pay tax under the Kerala General Sales Tax Act, 1963 (Act 15 of 1963) [or the Kerala Value Added Tax Act, 2003 (Act 30 of 2004)] as a result of the sale of such goods, then the amount of tax payable under the said Act shall be reduced by the amount of tax paid I under this Act] Substituted by Act 23 of 1996 w.e.f. 29/07/1996. Inserted by Act 10 of 2005.