140. Variation of the remitted amount of tax consequent upon verification of return

On the basis of the findings made by the appropriate assessing authority under sub-section (7) of section 30 in connection with verification of a return filed by a dealer under sub-section (2) of that section, if any additional amount of tax becomes payable by such dealer, such additional amount of tax shall be taken in to consideration for determining the actual amount of tax remitted and to find whether the amount of tax remitted exceeds the amount that a dealer is eligible for remission.