State Act
19-B
Section 19-B. Power of Government to notify deferred payment of tax, etc., for sick industries 2[and riot affected industries]2.
THE KARNATAKA SALES TAX ACT, 1957
Act no. 25 of 19571957In forceKarnataka (State Act)
1[19-B. Power of Government to notify deferred payment of tax, etc., for sick industries 2[and riot affected industries]2.- Notwithstanding anything contained in this Act or in the rules made thereunder, but subject to such conditions as may be specified, the State Government may, by notification issued prospectively or retrospectively, in respect of 3[any industry which is declared by the State Government as riot affected industrial unit or any industry considered]3 as a sick unit under the Sick Industrial Companies (Special Provision) Act, 1985, grant permission to pay in instalments the whole or any part of the tax payable by such unit for any period or defer payment of such tax.]1