A general order of the sales tax said that this facility would be available for two months, effective from June 13.Availing of this facility will be subject to conditions that manufacturer would inform the commissioner about stocks as in hand on June 12 with full description and quantity, on which sales tax is printed at the rate of 16pc. Even this facility would be available on those stocks on which no retail price is printed.
The sales tax in respect of supplies of such stocks would be paid at the rate of 17pc with effect from June 13. The manufacturers would have to advertise the retail price at the rate of 17pc at least once a week in July and August 2013.However, this permission would not apply to cases where actual retail price excluding sales tax is different from one printed, added the sales tax order.
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