2026 (4) TMI 1210

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ed 10.03.2026 whereby the appeal preferred by the petitioner has been dismissed as being beyond limitation. 3. Neat contention of learned counsel for the petitioner is that the petitioner was served with a show cause notice on 24.03.2023 in which it was stated that information was received that principal place of business was not found/available at the time of field visit. The petitioner could not file a reply to the same, as according to him, he never received such show cause notice. Subsequently, an order came to be passed cancelling the registration on the ground that as no reply of the show cause notice has been submitted, the undersigned based on record available was of the opinion that the registration is liable to be cancelled for....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e proper officer may cancel the registration of a person from such date, including any retrospective date, as he may deem fit, where,- (a) a registered person has contravened such provisions of the Act or the rules made thereunder as may be prescribed; or (b) a person paying tax under Section 10 has not furnished the return for a financial year beyond three months from the due date of furnishing the said return; or (c) any registered person, other than a person specified in clause (b), has not furnished returns for such continuous tax period as may be prescribed; or (d) any person who has taken voluntary registration under sub-section (3) of Section 25 has not commenced business within six months from the....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....utput tax payable on such goods, whichever is higher, calculated in such manner as may be prescribed: Provided that in case of capital goods or plant and machinery, the taxable person shall pay an amount equal to the input tax credit taken on the said capital goods or plant and machinery, reduced by such percentage points as may be prescribed or the tax on the transaction value of such capital goods or plant and machinery under Section 15, whichever is higher. (6) The amount payable under sub-section (5) shall be calculated in such manner as may be prescribed." 6. He argues that in the show cause notice, no allegation with regard to any of the conditions prescribed under Section 29 were levelled. It is further argued th....