162A. Procedure to be followed in the case of those sales where operation under section 17A ceases
(1) Consequent upon issue of a notification under sub-section (1) of section 17B, where the operation of section 17A ceases to apply with retrospective effect in the matter of computation of tax on sales of certain goods and such sales become liable to be taxed under section 17, every dealer, who is required to furnish return under section 30, shall prepare a statement of such sales made by him during the period commencing from the date of coming into effect of such notification and ending before the date of publication of the said notification, showing therein separately the amount of such sales for such period, and-
(a) the amount of tax charged thereon under section 17A, whether received or receivable by him, and
(b) the amount of tax payable thereon under section 17 in terms of sub-section (2) of section 17B.
(2) Where a dealer, who is required to furnish return under section 30, has not furnished such return in respect of the period comprising the period referred to in sub-rule (1), such dealer shall, within the prescribed time, furnish the return showing therein the tax payable in respect of the period in accordance with the provisions of section 17B and the other provisions of the Act.
(3) Where a dealer has aIready furnished a return in respect of the period comprising the period referred to in sub-rule (1) and the amount of tax on his sales calculated-
(a) under clause (a) of sub-rule (1) is higher than that under clause (b) of the said sub-rule, such dealer shall, at any time before the furnishing of the net tax return, the prescribed date of submission of which falls immediately after the publication of the notification issued under sub-section (1) of section 17B, furnish a revised return showing therein the amount of tax paid in excess, and adjust such amount with the amount of tax payable according to the said next return, or any other subsequent return, if necessary ;
(b) under clause (b) of sub-rule (1) is higher than that under clause (a) of the said sub-rule, such dealer may, at any time before the furnishing of the next return referred to in clause (a) of this sub-rule, furnish a revised return showing therein in the balance amount of tax payable according to section 17 which he may claim to be remitted in accordance with the proviso to sub-section (3) of section 17B ;
(c) under clause (a) of sub-rule (1) is equal to that under clause (b) of the said sub-rule (1), such dealer may, at any time before the furnishing of the next return referred to in clause (a) of this sub-rule (1), furnish a revised return accordingly.
(4) The statement referred to in sub-rule (1) shall be furnished, in duplicate, with the return referred to in sub-rule (2), or with the revised return referred to in sub-rule (3), in Form 25 or in Form 25A, as the case may be.