Cancellation of registration: officer may order cancellation for noncompliance or fraud, preserving prior tax liabilities and recovery of input credits. Cancellation may be ordered by the proper officer for business discontinuance, change in constitution, loss of liability to register, prescribed contraventions, prolonged non filing of returns, failure to commence after voluntary registration, or fraud, subject to an opportunity of being heard. Cancellation may be retrospective, does not relieve prior period tax and other obligations, is co extensive with central law cancellation, and obliges the cancelled registrant to pay an amount equal to input tax credit on stock and capital goods or the output tax on such goods, calculated as prescribed.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Cancellation of registration: officer may order cancellation for noncompliance or fraud, preserving prior tax liabilities and recovery of input credits.
Cancellation may be ordered by the proper officer for business discontinuance, change in constitution, loss of liability to register, prescribed contraventions, prolonged non filing of returns, failure to commence after voluntary registration, or fraud, subject to an opportunity of being heard. Cancellation may be retrospective, does not relieve prior period tax and other obligations, is co extensive with central law cancellation, and obliges the cancelled registrant to pay an amount equal to input tax credit on stock and capital goods or the output tax on such goods, calculated as prescribed.
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