We've upgraded AI Search on TaxTMI with two powerful modes:
1. Basic • Quick overview summary answering your query with references• Category-wise results to explore all relevant documents on TaxTMI
2. Advanced • Includes everything in Basic • Detailed report covering: - Overview Summary - Governing Provisions [Acts, Notifications, Circulars] - Relevant Case Laws - Tariff / Classification / HSN - Expert views from TaxTMI - Practical Guidance with immediate steps and dispute strategy
• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.Help Us Improve - by giving the rating with each AI Result:
Cancellation of registration can trigger recovery of input tax credit and continued tax liability, subject to an opportunity to be heard. Cancellation of registration may be ordered where business is discontinued, transferred, reconstituted, or where liability to register ceases; for prescribed contraventions, prolonged non-filing of returns, failure to commence after voluntary registration, or where registration was obtained by fraud, misstatement or suppression. The officer may set a retrospective effective date but must provide an opportunity to be heard. Cancellation does not affect prior-period tax liabilities. A cancelled registrant must pay an amount equivalent to input tax credit on inputs, stocks and capital goods or the output tax on such goods, calculated as prescribed, with specific adjustments for capital goods and plant and machinery.
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.
<h1>Cancellation of registration can trigger recovery of input tax credit and continued tax liability, subject to an opportunity to be heard.</h1> Cancellation of registration may be ordered where business is discontinued, transferred, reconstituted, or where liability to register ceases; for prescribed contraventions, prolonged non-filing of returns, failure to commence after voluntary registration, or where registration was obtained by fraud, misstatement or suppression. The officer may set a retrospective effective date but must provide an opportunity to be heard. Cancellation does not affect prior-period tax liabilities. A cancelled registrant must pay an amount equivalent to input tax credit on inputs, stocks and capital goods or the output tax on such goods, calculated as prescribed, with specific adjustments for capital goods and plant and machinery.
TaxTMI 
• Category-wise results to explore all relevant documents on TaxTMI
Help Us Improve - by giving the rating with each AI Result:
TaxTMI 
TaxTMI 
