CHAPTER-VI

PAYMENT AND RECOVERY OF TAX

Due date of  payment

33.    Value Added Tax or Turnover Tax due or payable under this Act, shall be paid,-

(a)     in the case of a taxable person whose gross turnover exceeds rupees one crore in the previous year, on monthly basis by  such date, as may be prescribed;

(b)     in the case of a taxable person whose turnover is less than one crore in the previous year, by the date, the return for such a period is required to be filed or as may be prescribed;

(c)     in case of tax due as per  assessment made under this Act, by the date, specified in the notice of demand or within a period of thirty days of the order, which ever is earlier;

(d)     in the case of turnover tax payable by a registered person under  this Act, by the date, the return for the period is required to be filed;

(e)     in the case of a casual trader, by such date as may be prescribed; and

(f)      in any other case, the tax shall be payable by such date, as may be specified by the designated officer.