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The Finance Act, 1973

( ACT NO. XI OF 1973 )

Amendments of Act III of 1951
6. The following amendments shall be made in the Sales Tax Act, 1951 (III of 1951), namely:-
 
 
 
 
(1) throughout the Act, for the words “rupee” or “rupees” the word “Taka” shall be substituted;
 
 
 
 
(2) section 12A shall be omitted;
 
 
 
 
(3) in section 17,-
 
 
 
 
(a) throughout the section, for the words “High Court” the words “High Court Division” shall be substituted; and
 
 
 
 
(b) in sub-section (7), for the proviso the following shall be substituted, namely:-
 
 
 
 
“Provided that, if the amount of tax is reduced as a result of such reference, the amount overpaid shall be refunded with such interest as the Commissioner may allow unless the High Court Division, on intimation given by the Commissioner within thirty days of the receipt of the result of such reference that he intends to ask for leave to appeal to the Appellate Division makes an order authorising the Commissioner to postpone payment of such refund until the disposal of the appeal by the Appellate Division.”;
 
 
(4) in section 18, for the words “High Court” the words “High Court Division” shall be substituted;
 
 
 
 
(5) section 27B shall be omitted; and
 
 
 
 
(6) after section 33, the following new section shall be inserted, namely:-
 
 
 
 
“33A. No suit shall be brought in any Civil Court to set aside or modify any assessment made under this Act.”.

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