108. Deferment of payment of tax during the pendency of the application for certificate of eligibility or renewal thereof

Where a registered dealer makes an application in accordance with the provisions of rule 147 or for renewal thereof under sub-rule (1) of rule 149 and such application remains pending for disposal under rule 148 or sub-rule (2) of rule 149, as the case may be, the amount of the tax according to the return under section 30 or the tax due from him according to notice referred to in section 47, shall, subject to the provisions of rule 109, be deferred in accordance with the provisions of section 40.