Rule 139

Every dealer executing a works contract and every dealer who is a hotelier or restaurateur or caterer, opting to pay tax by way of composition under section 15, shall.-

(1) display his certificate of registration in a prominent location at his main place of business;

(2) pay tax, by way of composition, at a rate notified by the Government;

(3) not collect tax on his sales;

(4) submit a monthly return to the jurisdictional Local VAT officer or VAT sub-officer, indicating the tax due in Form VAT 120, together with proof of full payment of the tax due, in accordance with rule 52, within fifteen days after the end of the relevant month;

(5) as long as he remains registered, submit such monthly return, whether or not any tax is due for any month;

(6) where he needs to make any amendments to his monthly return, submit a revised return in Form VAT 130, together with proof of full payment of any further tax due, to the jurisdictional Local VAT officer or VAT sub-officer; and

(7) where he submits a return after the due date, and also where a he submits a revised return, such return shall be accompanied by proof of payment of the interest due under section 36.