Registration timelines under section 12AB: three distinct prescribed periods for different application types, clarifying form and manner. The amendment substitutes the registration sub section to require that the order under the principal registration provision be passed in the prescribed form and manner within specified periods tied to application type: three months from end of month for the first category, six months from end of quarter for the second sub category, and one month from end of month for the third category, effective from 1 October 2024.
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Registration timelines under section 12AB: three distinct prescribed periods for different application types, clarifying form and manner.
The amendment substitutes the registration sub section to require that the order under the principal registration provision be passed in the prescribed form and manner within specified periods tied to application type: three months from end of month for the first category, six months from end of quarter for the second sub category, and one month from end of month for the third category, effective from 1 October 2024.
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