Amendment status not verified — confirm the current text below against the official source.
(1) In this Act, unless the context otherswise requires,— (a) (b) (c) (d) (e) (f) (g) (h) (2) Words and expressions used herein and not defined but defined in the VAT Act, shall. "cess" means the cess payable on the taxable turnover of High Speed Diesel levied under section 3; "dealer" means any person who carries on the business of buying, selling, supplying or distributing High Speed Diesel; "registered dealer" means a dealer registered under this Act; "rules" means rules made under this Act; "tax" means tax and additional tax payable under the VAT Act; "taxable turnover" in relation to a dealer means that part of dealer's turnover which remains after deducting therefrom the sale price of High Speed Diesel at the hands; of the registered dealer from whom it has been purchased, subject to the condition that the selling registered dealer has paid cess on such sale price; "turnover" means aggregate of the amount of sale prices received and receivable by a dealer in respect of any sale or supply or distribution of High Speed Diesel including the amount of tax as defined in clause (e); "VAT Act" means the Madhya Pradesh Vat Act, 2002 (No. 20 of 2002). have the meanings respectively assigned to them in that Act.