(1) Where any goods are returned or rejected by a purchaser to a dealer, within six months from the date of purchase, such dealer may, while furnishing return under rule 34 or rule 35, as the case may be, deduct from his aggregate sale price, the sale price of the goods so returned or rejected, in respect of which due tax has been paid by him, for determining his turnover of sales under clause (55) of section 2:

Provided that where goods purchased are returned or rejected within six months, but in the subsequent year, the dealer shall, while furnishing return for such period in the subsequent year, during which such goods were returned or rejected, deduct from the aggregate sale price, the sale price of the goods so returned or rejected:

(2) Where a dealer purchases any goods, as notified by the State government, after paying tax at the maximum retail price (M.R.P.) and such price is inclusive of tax, he shall, while deducting the amount from the aggregate sale price for determining his turnover of sales as referred to in sub-clause (a) of clause (55) of section 2, exclude the tax included therein by applying the following formula -

Explanation.- In calculating the amount of tax to be deducted under this sub-rule, the amount obtained on actual calculation shall be rounded off to the nearest multiple of one paisa and for this purpose, where such amount contains a part of one paisa and if such part is more than fifty per centum of one paise, it shall be increased to one paisa and if such part is less than fifty per centum of a paise, it shall be ignored.

(3) Where a dealer, not being a dealer enjoying the payment of tax at compounded rate under sub-section (3) of section 16 or under sub-section (4) of section 18, sells any goods, other than goods on which tax is payable on maximum retail price under sub-section (4) of section 16, and the amount of sale value shown in the invoice or bill or cash memorandum issued for such sale is inclusive of sale-price and tax. he may, while arriving at the aggregate of sale-price for determining his turnover of sale under sub-section (1) of section 16 on which tax is payable by him, deduct from such sale value the amount arrived at by applying the following formula:-

Explanation.- In calculating the amount of tax to be deducted by applying the formula under this sub-rule, the amount obtained on actual calculation shall be rounded off to the nearest multiple of one rupee and for this purpose, whose such amount contains a part of one rupee and if such part is more than fifty per centum of one rupee, it shall be increased to one rupee and if such part is less than fifty per centum of one rupee, it shall be ignored.