Special conditions to register a transaction

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(1) In case any person has reason to presume that their annual transactions shall exceed fifty lakh rupees in case of goods and twenty lakh rupees in case of mixed transaction of goods and services, and services, they shall file an application setting out such conditions, to the concerned Tax Officer in the format as set forth in Schedule -1 for the registration of the transactions.

(2)If the presumption cannot be made as per Sub-rule(1), and the annual turnover of the transactions carried out by the person exceeds Fifty Lakh Rupees in case of goods and Twenty Lakh Rupees in case of mixed transaction of goods and services, and services, the person carrying out such transactions shall file an application to the concerned Tax Officer in the format set forth in Schedule -1 for registration of the transactions within thirty days from the date on which such excess occurs.
(3) ⨻…………… 
(4) A person involved in transaction of goods and services required to be registered as per Sub-section (2) of Section 10 of the Act shall register the transaction within thirty days of the commencement of this Sub-rule.
(5) 2Removed by 22nd Amendment
⊛ (6) If a person required to be registered is found to be carrying out transaction without registration, Tax Officer shall order concerned person to register within thirty days by stating the basis and reason; and concerned person shall register their transaction upon receiving the order within such time.

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