Security requirement for high-risk recently registered dealers; dashboard monitoring enforces prescribed guarantees and statutory action. Prescribes a security under section 25 and rule 25 for recently registered, high turnover dealers exhibiting risk indicators (fictitious interstate purchases, concessional central sales, and low historical tax remittance). Security equals the prescribed percentage of the turnover computed from qualifying years, to be fixed after scrutiny under the Act and Rules. Systems Branch will list such dealers on each Assessing Authority's dashboard for periodic refresh; Assessing Authorities must monitor compliance and initiate statutory action for noncompliance.
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Provisions expressly mentioned in the judgment/order text.
Security requirement for high-risk recently registered dealers; dashboard monitoring enforces prescribed guarantees and statutory action.
Prescribes a security under section 25 and rule 25 for recently registered, high turnover dealers exhibiting risk indicators (fictitious interstate purchases, concessional central sales, and low historical tax remittance). Security equals the prescribed percentage of the turnover computed from qualifying years, to be fixed after scrutiny under the Act and Rules. Systems Branch will list such dealers on each Assessing Authority's dashboard for periodic refresh; Assessing Authorities must monitor compliance and initiate statutory action for noncompliance.
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