Effect of registration Rule 10

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..... e production of 1 [ finished goods; ] (b) the dealer has borne input tax on the purchase of the trading stock or raw materials; (c) the dealer furnishes a statement of its trading stock and raw materials in the prescribed form to the Commissioner; and (d) the dealer holds adequate proof of the amount of input tax in respect of the purchases; the dealer shall be enti .....

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..... tion; (b) the tax fraction of the cost of the goods; (c) the tax fraction of the fair market value of the goods at the time of registration; or (d) such amount as may be prescribed. (3) Where the registered dealer accounts for turnover on the basis of amounts received and amounts paid, he shall exclude from his turnover - (a) any amount received after .....

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