Amendment status not verified — confirm the current text below against the official source.
Out-put teL{' (1) Output tax in relation to aregistered dealer means the t&x payabie undel this Act in respect of any sale ofSoods by th4t dealer in the course ofhis business' (2) Subjectto the prcvisions ofsection 20, adealer shall be liable to pay the output tax under this Act which shall be levied on the taxable tumover at the rates specified in the Schedules under section 12 I puttax - lnput Tax in relation to a registered deaier means &e tax charged under this Act by the selling dealer to such deaier on the sale to him of any goods for lesale or use in mnnufacturing or proces'ing olgoods for sale