Amendment status not verified — confirm the current text below against the official source.
Levy of Tax on purchase - (1) The tax payable by a dealer under Section 3(1) (a) (iii) shall be levied on his gross taxable purchase. (2) The tax under sub-section (1) shall be levied at the gross taxable purchase of goods as mentioned in schedule VIII. 1 legislation vide the TVAT (Amendment) Act, 2007(dt. 9-10-2007) 14