16. The following new section is hereby inserted immediately after section 13 of the principal enactment and shall have effect as section 13A of the principal enactment:
| 13A, Where a manufacturer registered under this Act, has paid to another manufacturer registered under this during any quarter any sum in respect of any transaction which includes excise duty, turnover tax or both excise duty and turn-ever tax on excisable articles used by the first-mentioned manufacturer in his business of manufacture of articles liable to excise duty, the excise duty and turnover tax so included shall be do-ducted from the excise duty payable by the first-mentioned manufacturer for that quarter : |
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Sri Lanka Consolidated Acts