Adjustments to tax

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....greed consideration for that sale has been altered by agreement with the recipient for any reason except where a discount or incentive is offered through a credit note after issuance of tax invoice in respect of a sale to a registered dealer,"; and ] 2[(d) the goods or part of the goods sold have been returned to the dealer within 6 months of the date of sale; or] (e) the whole or part of....

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.... (a) the tax payable in relation to that sale exceeds the tax actually accounted for by the dealer, the amount of that excess shall be deemed to arise in the tax period in which the adjustment is made, and shall not be attributable to any prior tax period; or (b) the tax actually accounted for exceeds the tax payable in relation to the sale, the amount of that deficiency shall be subtracted fr....

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....dit of the dealer in respect of the goods was reduced under sub-section (4) of section 9 of this Act; C = the amount of the tax credit before reduction under sub-section (4) of section 9 of this Act. ----------------------------- Notes:- 1. Substituted vide DVAT (Amendment) Act, 2005; Notification No. F.14(6)/LA-2005/112, Dated 28.03.2005 w.e.f. 01.04.2005. 2. Substituted vide DVAT (Amendmen....