https://www.taxtmi.com/acts?id=2875 De-registration triggers a liability for all goods held on the date of cancellation equal to the higher of tax on those goods at their fair market value or the tax credit previously claimed. Dealers using receipt-and-payment accounting must include in their final return any amounts not yet received for sales made while registered and any amounts not yet paid for purchases made while registered. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 14 Jul 2012 11:26:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2875 De-registration triggers a liability for all goods held on the date of cancellation equal to the higher of tax on those goods at their fair market value or the tax credit previously claimed. Dealers using receipt-and-payment accounting must include in their final return any amounts not yet received for sales made while registered and any amounts not yet paid for purchases made while registered. Act-Rules VAT - Delhi Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2875