Registration amendment: dealers must notify business changes so the Commissioner can amend registration with retrospective effect. A registered dealer must inform the Commissioner within one month of specified business changes (sale, disposal, ownership change, discontinuance, change of place or name, change in constitution, partnership or interest holders; legal representatives must notify on death). The Commissioner may amend registrations after inquiry; such amendments take effect from the date of the contingency whether or not timely information was furnished and are without prejudice to tax, penalty or prosecution liabilities. Certain internal changes in composition or management do not require a fresh registration; the registration will be amended on information being furnished.
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Provisions expressly mentioned in the judgment/order text.
Registration amendment: dealers must notify business changes so the Commissioner can amend registration with retrospective effect.
A registered dealer must inform the Commissioner within one month of specified business changes (sale, disposal, ownership change, discontinuance, change of place or name, change in constitution, partnership or interest holders; legal representatives must notify on death). The Commissioner may amend registrations after inquiry; such amendments take effect from the date of the contingency whether or not timely information was furnished and are without prejudice to tax, penalty or prosecution liabilities. Certain internal changes in composition or management do not require a fresh registration; the registration will be amended on information being furnished.
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