8A. Payment in lump-sum of Tax

(1) Notwithstanding anything contained in any provision of this Act, the state government, if satisfied that it is necessary or expedient so to do in public interest, may, by notification in the officials GaZette, direct that in respect of any goods or class of goods a person may, at his option, pay such lump-sum tax, subject to such conditions, as the state government may specify in the notification.

(2) In case, a person opts for payment of lump-sum tax under sub-section(1), he shall not.-
(a) issue VAT invoice for sale of goods made by him, and no taxable person to whom goods are sold by such person, shall be entitled to claim any input tax credit in respect of such sale; and
(b) be entitled to claim any input tax credit on purchase made by him.

(3) The person, who has opted under sub-section(1) shall be at liberty to cancel his option by making an application to the designated officer in such form, as may be prescribed.