Amendment status not verified — confirm the current text below against the official source.
Output tax: (1) Output tax in relation to a registered dealer means the tax payable under: this Act in respect of any sale of goods by that dealer in the course of this business. (2) Subject to the provision of Section 17, a dealer shall be liable to pay the output tax under this Act which shall be levied on the taxable turnover at -26- the rate and subject to such conditions as may be prescribed from time to time.