https://www.taxtmi.com/acts?id=25987 Cancellation may be ordered by the proper officer upon specified changes in business circumstances or statutory contraventions, including non-filing of returns and fraud, with an opportunity to be heard; the officer may set an effective date of cancellation, including retrospectively. Cancellation does not absolve prior tax liabilities, and the cancelled person must pay an amount equivalent to input tax credits on inputs, inventory and capital goods or the output tax on such goods, calculated as prescribed, with a prescribed adjustment for capital goods and plant and machinery. en-us Sat, 17 Jun 2017 12:28:17 +0530 Thu, 29 Jun 2017 15:23:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=25987 Cancellation may be ordered by the proper officer upon specified changes in business circumstances or statutory contraventions, including non-filing of returns and fraud, with an opportunity to be heard; the officer may set an effective date of cancellation, including retrospectively. Cancellation does not absolve prior tax liabilities, and the cancelled person must pay an amount equivalent to input tax credits on inputs, inventory and capital goods or the output tax on such goods, calculated as prescribed, with a prescribed adjustment for capital goods and plant and machinery. Act-Rules GST - States Sat, 17 Jun 2017 12:28:17 +0530 https://www.taxtmi.com/acts?id=25987