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    <title>Collection and recovery of commodities transaction tax.</title>
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    <description>Every recognised association must collect commodities transaction tax from the seller or purchaser at prescribed rates and remit amounts collected for any calendar month to the Central Government by the seventh day of the following month. If the association fails to collect the tax, it remains liable to pay the tax to the Central Government and must remit it according to the same monthly deadline.</description>
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      <description>Every recognised association must collect commodities transaction tax from the seller or purchaser at prescribed rates and remit amounts collected for any calendar month to the Central Government by the seventh day of the following month. If the association fails to collect the tax, it remains liable to pay the tax to the Central Government and must remit it according to the same monthly deadline.</description>
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