Amendment status not verified — confirm the current text below against the official source.
( I) A dealer registered under section 5 shall ·~gist ra t icn . be granted a cert ificate of registration in such form as ma y he prescribed. :2) T he Commissioner may, on petition 01 othe rwise, cancel at any time an y certificate of re- gistration if he is satisfied that- (a) the business in respect of which the certi- ficate was issued has been discontinued or transferred, or lb ) the liability to pay tax in respect of such business has teased under this Act. .{ el, r ns.