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State of Karnataka - Section

Section 4C in Karnataka Tax on Luxuries Act, 1979

4C. [ Reduction in tax liability. [Inserted by Act 5 of 2000 w.e.f. 1.4.2001]

- Where a stockist liable to pay tax under this Act, being a dealer in such goods excluding gutkha becomes liable to pay tax under the Karnataka Sales Tax Act, 1957 (Karnataka Act 25 of 1957) as a result of the sale of such goods, then the amount of tax payable under the said Act shall be reduced by the amount of tax paid under this Act.]