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Under what circumstances can the proper officer cancel the registration of a registered person, as per Section 29(2) of the GST Act?
  • a)
    Failure to furnish returns for three consecutive tax periods
  • b)
    Non-commencement of business within six months from registration
  • c)
    Change in the legal name of the business
  • d)
    Addition of a new partner to the business
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Under what circumstances can the proper officer cancel the registratio...
Section 29(2) of the GST Act allows the proper officer to cancel the registration of a registered person if they have not furnished returns for three consecutive tax periods. This is done to ensure that businesses comply with their reporting obligations and to prevent tax evasion.
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Under what circumstances can the proper officer cancel the registration of a registered person, as per Section 29(2) of the GST Act?a)Failure to furnish returns for three consecutive tax periodsb)Non-commencement of business within six months from registrationc)Change in the legal name of the businessd)Addition of a new partner to the businessCorrect answer is option 'A'. Can you explain this answer?
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Under what circumstances can the proper officer cancel the registration of a registered person, as per Section 29(2) of the GST Act?a)Failure to furnish returns for three consecutive tax periodsb)Non-commencement of business within six months from registrationc)Change in the legal name of the businessd)Addition of a new partner to the businessCorrect answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Under what circumstances can the proper officer cancel the registration of a registered person, as per Section 29(2) of the GST Act?a)Failure to furnish returns for three consecutive tax periodsb)Non-commencement of business within six months from registrationc)Change in the legal name of the businessd)Addition of a new partner to the businessCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Under what circumstances can the proper officer cancel the registration of a registered person, as per Section 29(2) of the GST Act?a)Failure to furnish returns for three consecutive tax periodsb)Non-commencement of business within six months from registrationc)Change in the legal name of the businessd)Addition of a new partner to the businessCorrect answer is option 'A'. Can you explain this answer?.
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