27 Deduction from turnover of sales under clause (d) of sub-section (1) of section 16

(2) When a registered dealer, who produces or manufactures tea, makes a sale of such tea through a broker member of the Kolkata Tea Traders Association or the Siliguri Tea Auction Committee being his agent under the Private Treaty sales held in Kolkata under the auspices of such Association or at Siliguri under the auspices of such Committee, such registered dealer shall, subject to the condition specified in sub-rule (2) of rule 32, while determining his turnover of sales on which tax is payable

(3) A registered dealer, who is entitled to enjoy the benefit of tax holiday under clause (b) of sub-section (1) of section 118 and who has fulfilled all the conditions prescribed therefor in Part IV of Chapter XV of these rules, and who has manufactured goods in his newly set up small scale industrial unit in West Bengal, may, for the purpose of determining the turnover of sales upon which tax is payable under sub-section (1) of section 16, subject to the conditions and restrictions referred to in clause (b) of subsection (1) of section 118, deduct under clause (d) of sub-section (1) of section 16, from his turnover of sales that part of his turnover of sales of goods manufactured in his newly set up small-scale industrial unit, from which ninety-five