19. Set off of Entry Tax.

1. Every manufacturer of scheduled goods who is registered under the Sales Tax Act shall, in respect of the finished products which are scheduled goods and are sold by it to a dealer, either directly or through an intermediary, shall collect tax payable under section 3 of this Act from the buying dealer.

2. The tax so collected from the buying dealer shall be paid to the Government Treasury along with the statements and returns filed under the Act.

3. The tax so collected shall be separately shown in the sale invoices issued by the selling dealer to the buying dealer.

4. The buying dealer shall produce copy of such sale invoice as evidence of payment of entry tax along with the statement under rule 10.

5. The entry tax paid by the manufacturer of the scheduled goods on the purchase of raw materials which directly go into the composition of finished products by the manufacturer of the scheduled goods shall be set off against the entry tax payable under sub-rule (2) above by the selling dealer:

PROVIDED that the amount set off shall be limited to the tax payable under sub-rule (1) above.

Illustration :