Selling dealers protected from penalties if purchasing dealer's CST registration is canceled retrospectively after valid 'C' Form issuance.

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Full Text of the Document

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....Central sale - Cancellation of 'C' Forms - If the selling dealer has after making a diligent enquiry confirmed that on the date of the sale the purchasing dealer held a valid CST registration, and is also issued a valid C Form then such selling dealer cannot later be told that the C Form is invalid since the CST registration of the purchasing dealer has been retrospectively cancelled. - HC....