8-B. Realization of amount by way of tax

(1) No person other than a dealer registered under section 6 shall realize any amount by way of tax under the provisions of this Act.

(2) The amount realized by any such dealer by way of tax shall, notwithstanding anything contained in any other provisions of this Act, be deposited by him in a Government Treasury or in the office of the Deputy Sales Tax commissioner within one month of its realization.

(3) The amount realized by any registered dealer by way of tax in excess of the tax that is payable under this Act shall, notwithstanding anything contained in any other provisions of this Act, be deposited with the Government within the time specified in sub section (2) of section 7 of this Act.