Liability in case of transfer of business

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.... 52.  Liability in case of transfer of business.-  (1)  Where a dealer liable to pay tax under this Act transfers his business in whole or in part, by sale, gift, lease, leave or l....

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....f a business referred to in sub-section (1) of this section carries on such business either in his own name or in some other name, he shall be liable to pay tax on the sale of goods effected by him wi....