(1) Subject to provisions of section 28, every dealer, who has submitted the
return of last tax period as well as the prescribed Annexures of
Consolidated Details in the prescribed form and manner, shall be deemed
to have been assessed to an amount of tax admittedly payable on the
turnover of purchase or sale or both, as the case may be, disclosed in such
Annexures and to an amount of input tax credit shown admissible in such
Annexures.
(2) For all purposes under this Act and rules made there under –
(a) Annexures of Consolidated Details submitted by a dealer, shall be
deemed to be an assessment order and facts disclosed or figures
mentioned in such Annexures shall be deemed part of such
assessment order; and
(b) last date of the assessment year succeeding the assessment year in
which the date prescribed for submission of such Annexures of
Consolidated Details falls, shall be deemed to be the date of such
assessment order.
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