Rule 11 - Period of filing returns - Central Sales Tax (Registration And Turnover) Rules, 1957

DETERMINATION OF TURNOVER 11. Period of filing returns:- (1) The period of turnover in relation to any dealer liable to pay tax under this Act shall be the same as the period in respect of which he is liable to submit returns under the general sales tax law of the appropriate State: Provided that in relation to a dealer who is not liable to submit returns under the General Sales Tax Law of the appropriate State, the period of turnover shall be a quarter ending on the 30th June, 30th September, 31st December and 31st March, as the case may be, in a financial year. (2) 1 [***] ------------------------ Notes:- 1. Omitted vide Notification GSR 1362 dated 9.6.1969, Earlier read as:- In determining the turnover of a dealer for the purpose of section 8, there shall be deducted the following amounts from the aggregate of the sale prices, namely:- (a) the amount arrived at by applying the following, formula- rate of tax x aggregate of sale prices 100 plus rate of tax PROVIDED that no deduction on the basis of the above formula shall be made if the amount by way of tax collected by a registered dealer, in accordance with the provisions of section 9-A, has been otherwise deducted from the aggregate of sale prices. Explanation :- Where the turnover of a dealer is taxable at different rates, the aforesaid formula shall be applied separately in respect of each portion of the turnover liable to a different rate of tax; (b) the sale price of all goods returned to the dealer by the purchasers of such goods within a period of three months from the date of delivery of the goods; PROVIDED that satisfactory evidence of such return of goods and such payment of the amount by way of refund in cash or adjustment in accounts is produced before the prescribed authority competent.