Clarification regarding payment of tax on monthly basis by Quarterly Dealers whose tax liability exceeds one lakh rupees.

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Full Text of the Document

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....CIRCULAR No 26 OF 2012-13 Sub: Clarification regarding payment of tax on monthly basis by Quarterly Dealers whose tax liability exceeds one lakh rupees. Dealers having 'Quarter' as tax period and having net tax liability exceeding Rupees One lakh during the last financial year or current financial year were directed to deposit tax on monthly basis vide Order dated 04.12.2012 issued under Sub-sec....