Amendment status not verified — confirm the current text below against the official source.
Inserted by the Sikkirn Sales Tax (Amendment) Act No.4 of 1986 w. e. f. 1/4/86 or before the delivery of the goods to the buyer whether such duty, fee or other levy is paid by the purchaser of the goods to the seller along with the consideration for the sale or direc- tly to the Government."] (0) "Sikkim" means the territory comprised in the State of Sikkim; (p) "State Government" means the Government of Sikkim; (q) "Tax" means tax payable under this Act; (r) "turnover" used in relation to any period means the ag- gregate of sale price or part of sale price receivable or if a dealer so elects. actually received by the dealer during such period after deducting the amounts if any, refunded by the dealer in respect, of any goods returned by the purcbaser within such period as may be prescribed: Provided that an election as aforesaid once made shall not be altered except with the permission of the Commis- sioner and on such terms and conditions as he may think fit to impose; Explanation.-The turnover of sales shall include amounts realised by a dealer by sale of surplus, unserviceable and discarded goods, fixed or other assets of the business. bye-prod ucts and subsidiary products of manufature or processing but shall not include sales in a canteen owned and run by the dealer for the benefit of his workman or labourers; (s) "year" means the financial year commencing on the first day of April and ending on the 31st day of March next following. CHAPTER II Taxation authorities