Bare ActsThe SIKKIM VALUE ADDED TAX ACT 2005

Section 18

Information of awarding of Worl(s Contract

Amendment status not verified — confirm the current text below against the official source.

Information of awarding of Worl(s Contract. (1) Any person enleri n g r n to eny contract or lelter of in tent wilh any contraclor fol lrallsfer oi property in goods (whether as goods or some olher fonn) nlvolved in the execution ofworks contracl shall lurnish within filieen days fiom the date ofs,gning olthe contract or letter of inlentsuch information as may he prescribed.lo the a-ssesslng authoily underwhosejudsdiclion the conlractor's place ofbusiness is situated. (2) Fallure to do so shallentaila penally not excecding five hundred rupees pelday ofdefault alter allording such percon a reasonable opporlunity ofbeing heard.

Section 18 – The SIKKIM VALUE ADDED TAX ACT 2005 | DailyLaw.ai