30. Payment of tax at compounded rates
(1) Every dealer who is eligible to pay tax at compounded rate under section 7 of the Act and who desires to exercise the options provided for under the said section may apply to the assessing authority concerned for permission to pay tax at the rates specified there in Form 21 on or before the first day of May of year to which the option relates:
Provided that the assessing authority may admit an application filed after the prescribed date for good and sufficient reasons to be recorded in writing.
(2) On receipt of the application, the assessing authority shall conduct necessary enquiries and shall pass such order granting or rejecting the application, as the case may be. No application shall be rejected unless the dealer is given an opportunity of being heard.
(3) On the application being allowed, the assessing authority shall serve on the dealer a notice of demand in Form No.22
(4) If any dealer executing works contract or any dealer in arrack claims deduction of any amount as tax paid on his purchase within the State, such claim shall be accompanied by a statement in the following form:
FORM FOR CLAIMING DEDUCTIONS OF TAX PAID ON PURCHASES WITHIN THE STATE AS PER SUB-RULE (4) OF RULE 30
No.
the seller with his R.C.No.
goods
and date
by the seller
Registration Certificate
Number of the Dealer
(5) Every dealer permitted to pay tax at the compounded rates, under this rule shall submit an annual return in Form 9 on or before the first day of May of the succeeding year along with the proof of payment of tax or other amount due under the Act.
(6) Notwithstanding anything contained in Sub-rule (1), in the case of works contract where an express provision is made in the agreement for payment of tax in accordance with the provisions of Sub-section (7) of Section 7, instead of making application in accordance with Sub-rule (1) above, a copy of such agreement shall be filed before the assessing authority.
(7) The tax due in respect of contracts falling under the proviso to Sub-section (7A) of Section 7 shall be paid in full after deducting the payments already made by the contractor and the amount deducted by the awarder:
Provided that deduction in respect of the amounts deducted by the awarder shall be allowed only on production of certificate obtained from the awarder showing the amount and nature of contract, amount deducted and the mode of remittance of the amount to the Government.