Amendment of section 16 of Mah IX of 2005

In section 16 of the Value Added Tax Act, in sub-section (6),—

1. (1) in clause (b), after the words and figure “of section 3,” the word “or” shall be added;
2. (2) after clause
   • (b) so amended, the following clause shall be added, namely :— “(c) the turnover of sales of a registered dealer, other than an importer, has during the year 2013-14, not exceeded the limit, specified in sub- section
3. (4) of section 3,”;
4. (3) after the words “circumstances of the case.”, the following shall be inserted, namely :— “In the case covered by clause (c), the dealer may apply in the prescribed form for cancellation of his registration to the Commissioner on or before the 30th September 2014 and thereupon the Commissioner may, after such inquiry as he deems fit, cancel the registration with effect from the 1st October 2014.”.