Common registration for first stage dealers and importers permits optional single registration and a consolidated quarterly return. An assessee registered as a First Stage Dealer is exempted from separate importer registration (and vice versa) on an optional basis, and may file a single quarterly return that lists all First Stage Dealer transactions for the period followed by all importer transactions in the same return table; implementation difficulties should be reported to the Board.
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.
Common registration for first stage dealers and importers permits optional single registration and a consolidated quarterly return.
An assessee registered as a First Stage Dealer is exempted from separate importer registration (and vice versa) on an optional basis, and may file a single quarterly return that lists all First Stage Dealer transactions for the period followed by all importer transactions in the same return table; implementation difficulties should be reported to the Board.
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