Amendment status not verified — confirm the current text below against the official source.
Insertion of Section 51 A— In the Principal Act, after section 51 the following shall be inserted as Sections 51A, namely : —“51A. Certificate of Clearance-(1) If any Government or any local authority or any educational institution or any corporation or body established by or under a Central or State Act, enters into an agreement with a Contractor for execution by the latter of a works contract involving transfer of a property in goods (whether as goods or any in other form) or with a dealer for purchase of any goods from the latter, such Government, authority, institution, corporation or body shall not finalize such works, contract or purchase and make payment for execution of works contract or purchase of goods, as the case may be, unless the Commissioner certifies in the prescribed manner that such Contractor or Dealer has either paid or made satisfactory provision for payment of all existing liability or has no liability to pay tax under this Act, or the Central Sales Tax Act, 1956 (74 of 1956). (2) Application for the certificate required under Sub-section (1) shall he made by the Contractor or Dealer in such form or manner as may be prescribed by the Commissioner and shall contain such particulars as may be prescribed. (3) Within 15 days of the receipt of the application required to in sub-section (2) the Commissioner (i) if he is satisfied that the applicant has either paid or made satisfactory provision for payment of all existing liabilities or has no liability to pay tax under the enactments specified in sub-section (1) grant the certificate to the applicant for a period not exceeding twelve months from the date of issue; or (ii) if he is not satisfied, pass an order in writing, refusing to grant the certificate recording his reasons thereof’.