Rule 43
Application To Be Made
(1) A tax payer may make an application to the Tax Officer in the format as referred to in Schedule -16 to have
deduction of the sales tax charged on the goods which were in stock and on which sales tax already, paid at the time of his registration, the portion of the sales tax remained to be deducted as per the former inventory and the tax paid on taxable transaction.
(2) In making claim for deduction of sale tax or tax pursuant to Sub-rule (1), the taxpayer has to submit the invoices of payment of sales tax or tax and other evidence, documents as well, no later than Fifteen days of his/her registration. No tax deduction shall be allowed pursuant to Sub-rule (1) in absence of the evidence, documents as mentioned in this Rule.
(3) If the claim as referred to in Sub-rule (1) is amended or cancelled by the Tax Officer or if such tax is found to have already been deducted previously, the Tax Officer may take action against such tax payer under the Act and these Rules.
(4) If the claim as referred to in this Rule is accepted by the Tax Officer, the concerned taxpayer may deduct the amount pursuant to Sub-rule (4) of Rule 39.
deduction of the sales tax charged on the goods which were in stock and on which sales tax already, paid at the time of his registration, the portion of the sales tax remained to be deducted as per the former inventory and the tax paid on taxable transaction.
(2) In making claim for deduction of sale tax or tax pursuant to Sub-rule (1), the taxpayer has to submit the invoices of payment of sales tax or tax and other evidence, documents as well, no later than Fifteen days of his/her registration. No tax deduction shall be allowed pursuant to Sub-rule (1) in absence of the evidence, documents as mentioned in this Rule.
(3) If the claim as referred to in Sub-rule (1) is amended or cancelled by the Tax Officer or if such tax is found to have already been deducted previously, the Tax Officer may take action against such tax payer under the Act and these Rules.
(4) If the claim as referred to in this Rule is accepted by the Tax Officer, the concerned taxpayer may deduct the amount pursuant to Sub-rule (4) of Rule 39.