Amendment status not verified — confirm the current text below against the official source.
Compounding ofotrfences: - (1) Subjecl ro such conditio.s as may be prescdbed, any penon alleged to have committed an olfence eilher under clau se (a) orclause (b) or claLlse (c) or ciause (d) or clause (e) orclause (0 or clause (h) ofsub-section ( 1), sub-seclion (2), sub-scction (3), sub-seclion (4). sub- section (5). sub-scctiorl (6), sub-section (7). and sub-seclion (9) ofscction8l,orunderany ruies made under this Act, may, either beib.e or atier lhe commencenleDl of any praceedings ' against him in respect ofsuch offence, at his option, compound sr-tch olTence, and the Commissionermay, at his discrction, accept lion1 such person, by way ofcornposition oisuch offeirce, such sum notexceeding fifty thousancl rupees as may be derermined by the Corrmissioner: (2) On payment in lull ofthe sum detelmined by the Cornmlssioner under sub-sectlon (I),- (a) no proceedings slull co[unence against such person as aforesa]d;and (b) if any proceedings have already beeu conlmenccd against such person as aforesaid, such proceedi gs shall notbe further proceedccl wiih. 66 : CIIAPTER X MISIELI,A\I.IOUS 8,1. Canccllation of registration under specitied circumstaflces: - (1) Not!!ithsia ding anything contailed itr sectjon 26orsec{ion 27. a registered c]calcrrvho does noi manarlacturcgoods in Sikldm fol sale. lnay appl! in tl'te piesqibe{i mllnner to Lhe prescribed aulhoily lbrcancellation ofllis rcgish ation gr anted undcr{his Act. ildluirlg the year in whiclr such applicallion is made and duing thc yctu-irnmediiltely prcccding such ),ctu; hedcrlr cxchrsivelJ in tax-fi ee goods specified ir Schediile 1. (2) TI the Prescribed Au th odty is sati sflcd that the application m 1de ulrdct suh scctior (1) is in order, he shall crncel the registfation. f3) A rcgistered dealer wlrose rcgislration has lleen cancelled lnder sub-seclion (2) sl'tall.ondnite to be liable to pay tax in accordance with the provisions ofruh-section (4) oisection 8 ln the evenl of hjs rnaking any salc of goods taxable under 1Ii s Acl subsequent to sllch cancellation .r l_ rcgistration. butduring the pedodofsuclr liabilit),1o pal/ tax. he shall within thirty days ofslrch sale, appl) for regisliation under sectjon 26 and srch application shallbc disposcclof in accordance with plovisions olthxt section-