Second-hand goods

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....modified form or otherwise or as raw material for incorporation or division into trading stock;] (d) the registered dealer will be liable to tax under section 3 of this Act on the sale of the goods or the goods into which they were incorporated, as the case may be; and (e) the registered dealer has adequate proof of the amount paid for the goods. (2) In the circumstances mentioned in sub-sec....

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....shall apply only if the resident seller had purchased goods in Delhi.] (3) Where the amount paid by the registered dealer for the goods exceeds two thousand rupees, the tax credit shall be allowed in the tax period when the goods are sold by the registered dealer or the goods into which they have been incorporated are sold by the registered dealer. --------------------------- Notes:- 1. Subst....