Information to be furnished regarding change of business etc.
13. If any dealer to whom the provisions of sub-section (2) of section 14 apply, -
(a) sells, transfers or otherwise disposes of or discontinues his business;
(b) sells, transfers or otherwise disposes of or discontinues his place(s) of business or opens new place(s) of business;
(c) changes the name, constitution or nature of his business including change in the goods traded or manufactured or used in business or manufacture;
or
(d) appoints an authorised agent, he shall within the prescribed time, inform the assessing authority accordingly, and if any dealer dies, his legal representative shall in like manner inform the said authority:
Provided that if a dealer or his legal representative, as the case may be, fails to inform of the change as required under the foregoing provision having the effect of transferring the liability to pay tax on another person, then, notwithstanding the change, any tax which such person has become liable to pay after the change has taken place, may be recovered as if no change has taken place:
Provided further that nothing in the foregoing proviso shall discharge the transferee or the succeeding dealer as a result of change, of his liability to tax. |