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Cancellation of Central Excise Registration - Audit Mandatory?


de-registration

it appears that the RAC members have never attempted the practical thing. even today in the ACES, once you surrender the registration and generate Surrender ST-2, you get an acknowledgement of surrender and a remark 'no returns are required to be filed'. it becomes 'non-assessee' kind of registration. however, it is a prescribed procedure to give a legal undertaking to the effect that all dues pending / arising after surrender shall be paid. so there is no point is looking into the RAC minutes. the departmental officers interfere only when you approach for a signed copy, which is not required. the online generated copy is enough.

r.subramanya, advocate
subramanya law company

Subramanya Rayaprol 18/11/2015

 

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