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No. FD 5 CET 2007 dated: 20.08.2007
Karnataka Gazette, Extraordinary, 20.08.2007

In exercise of the powers conferred by sub-section (5) of Section 5-B of the Karnataka Tax on Entry of Goods Act, 1979 (Karnataka Act 27 of 1979) , the Government of Karnataka, hereby notifies that the assessment of a dealer in respect of the year ending 31st March, 2006 which has not been completed under Section 5 of the said Act, shall be deemed to have been made on the basis of returns submitted by such dealer in accordance with sub-section (1) of section 5 of the said Act without requiring the presence of such dealer or production of books of accounts by such dealer, subject to the following conditions, namely:-

The dealer must have filed his return in the prescribed form prior to the date of issue of this notification.
The Dealer shall not be an oil company or an oil refinery.  
During the year, the dealer should not have attempted to conceal or suppress tax liability of more than ten thousand rupees and any tax liability of a lesser amount should have been discharges by the dealer and declared in the return including any revised return filed for the year.
During the immediate preceding year, in the case of the dealer, the amount of tax fully assessed should not be more than the tax payable by him as declared in the return filed, by more than ten thousand rupees and such amount is not as a result of rejection of claim to exemption from tax relating to entry of goods in terms of sub-sections (3) and (4) of section 3 and any notification issued under section 11-A in respect of a new industrial unit.
Every assessment made under the Notification shall be subject to the provisions of sections 6, 15 and 17.
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