Deregistration of Sales Tax on Services in Punjab

Section 29 – De-registration

(1) The Commissioner may de-register a registered person or such class of registered persons not required to be registered under this Act.

(2) Where any person registered under this Act believes that he does not satisfy the requirements for registration specified in section 25, he may make an application to the Commissioner to be de-registered.

(3) If upon receiving such an application, the Commissioner is satisfied that the person is not required to be registered under this Act and has fulfilled the obligations under the Act, it shall de-register such person.

(4) Where the Commissioner receives an application under sub-section (2), it shall dispose of the application within a period of three months from the date of the receipt of the application, or within such extended period, not exceeding sixty days, as the Commissionerr may, for reasons to be recorded in writing, fix.

Section 29A – Restoration of registrations

The Authority may, subject to conditions as may be prescribed, reactivate, revive, reinstate or restore any registration which has been de-activated, suspended or cancelled for any reason or under any circumstances.