Chapter VII : Grant of Draw Back, Set off and Refund

4[bst8] [R. 41G. Drawback, set-off etc. of tax paid by a manufacturer of cotton yarn, specified in entry 3 in Schedule B.- (1) In assessing the amount of tax payable in respect of any period starting on or after the 5[bst9] [13th January 2000] by a Registered dealer (hereinafter in this rule referred to as "the claimant dealer") the Commissioner shall, in respect of the purchases of goods specified in entry 2 of Schedule B. which were used by his within the State in the manufacture of goods specified in entry 3 of Schedule B for sale or export, grant him a drawback, set-off, or as the case may be, a refund, of the aggregate of the sums determined in accordance with the provisions of rule 44D.

(2) The aggregate of the sums referred to in sub-rule (1) shall be reduced by 2 per cent, of the purchase price representing the said sums.

Explanation.- For the purpose of this rule, the expression "export" shall include a sale in the course of inter-State trade or commerce or in the course of export of the goods out of the territory of India, where such sale occasions the movement of the goods from the State.]