17. Amendment of registration certificate in special cases

(1) The registration certificate issued to a dealer under the Rajasthan Sales Tax Act, 1994 (Act No. 22 of 1995), shall be deemed to have been issued under the Act.

(2) Where a registered dealer opts for payment of tax in accordance with the provisions of sub-section (2) of section 3 of the Act, "he shall submit an application within thirty days of the commencement of these rules or within thirty days of the issuance of registration certificated, whichever is later" along with the original certificate of registration to the Tax payer Service Office of the area or to the office of the authority competent to grant registration. "However, for the year 2006-07, the application for exercising the option under sub-section (2) of section 3 can be submitted up to June 30, 2006."

(3) A registered dealer who had not opted for payment of tax in accordance with the provisions of sub-section (2) of section 3 as per sub-rule (2), can exercise such option later on but only after the end of the relevant year by submitting an application within thirty days of the commencement of the year along with the original certificate of registration, to the Tax payer Service Office of the area or to the office of the authority competent to grant registration. In such cases the credit of input tax availed by him on the closing stocks shall be reversed while paying the tax for the tax period in which application for change of option has been filed.

(4) Where the turnover of a registered dealer who has opted to pay tax in accordance with the provisions of sub-section (2) of section 3, exceeds the limit of the said sub-section or his liability accrues under clause (a) or (b) of sub-section (1) of section 3, he shall within fifteen days of occurrence of such event, submit an application along with the original certificate of registration to the Taxpayer’s Service Office or the authority competent to grant registration.

“(5) A registered dealer, who had opted for payment of tax in accordance with the provisions of sub-section (2) of section 3, may opt out of it by submitting an application, along with the original certificate of registration to the Assessing Authority or Authority competent to grant registration or Taxpayer’s Service Office.”

(6) On receipt of the application under sub-rule (2) or (3) or (4) or (5), the assessing authority or the authority competent to grant registration, shall amend the certificate of registration in a manner to indicate the requested status of the applicant dealer.

(7) A registered dealer who is covered under sub-rule (4), shall be liable to pay tax as per sub-section (1) of section 4 from the date of occurrence of such event and for the earlier period he shall be required to pay tax at the rate notified under sub-section (3) of section 4.