Amendment status not verified — confirm the current text below against the official source.
( l) The certificote of regisrqtion issued to o cosuol toxoble person or o non-resident toxoble person sholl be volid for the period specified in the opplicotion for registrotion or ninety doys {rom the eflective dote of registrotion, whichever is eorlier ond such person sholl moke toxoble supplies only ofter the issuonce of the certificote of registrotion: Provided thot the proper oflicer moy, on sufficientcouse being shown by the soid toxoble person, extend the soid period of ninety doys by o further period not exceeding ninety doys. (2) A cosuoltoxoble person or o non- resident toxoble person sholl, ot the time of submission of opplicotion for registrotion under sub-section (l) of section 25, moke on odvonce deposit of tox in on omount equivolent to the estimoted tox liobility o{ such person for the period forwhich the registrotion is sought: Provided thot where ony extension of time is sought under sub-sedion (l ), such toxoble person sholldeposit on odditionol omount of tox equivolent to the estimoted tox liobility o{ such person for the period for which the extension is sought. (3) The omountdeposited under sub- section (2) sholl be credited to the electronic cosh ledger of such person ond sholl be utilised in the monner provided under section 49. Speciol provisions reloting to cosuol toxoble person ond non-resident toxoble person. t12