அதிகாரப்பூர்வ மொழிபெயர்ப்புDepartment of Government Printing-இலிருந்து, மாற்றமின்றி
(1)
Any registered person may make an application in the specified form to the Commissioner-General to have his registration cancelled, at any time after the lapse of a period of twelve months following the date of registration, where-
(a)
such registered person has ceased to carry on or carry out a taxable activity referred to in section 2;
or
(b)
the aggregate turnover of such registered person during each immediately preceding four quarters of the relevant quarter does not exceed hundred and twenty million rupees.
(2)
The Commissioner-General-
(a)
shall, on receipt of an application under subsection (1); or
(b)
may at any time, and upon being satisfied with the provisions of paragraphs (a) and (b) of subsection (1) cancel such registration.
(3)
The Commissioner-General may refuse to cancel the registration of any person, where the Commissioner-General is not satisfied that the conditions specified in paragraph (a)
or (b) of subsection (1) exist.
(4)
Where the Commissioner-General cancels the registration of a taxable person, he shall inform such person of the date of cancellation of the registration by registered post or by electronic means.