Can i surrender my sales tax registration certificate(tin no.)

Ashwani (Querist) 13 April 2014 This query is : Resolved
I am dealing in taxable or non taxable (exempted) goods when i did the registration. but now i am dealing in only in exempted goods(children books)but my turnover exceeds 10 lacs. can i surrender my registration certificate.then yes plz give a procedure.
(IN RAJESTHAN)

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Dr J C Vashista (Expert) 13 April 2014
Yes it can be surrendered.
Contact your CA/Tax consultant.

R.K Nanda (Expert) 13 April 2014
consult tax lawyer.

ajay sethi (Expert) 13 April 2014
consult your tax consultant

Rajendra K Goyal (Expert) 13 April 2014
Consult your tax consultant.

Ashwani (Querist) 13 April 2014
Can I proceed self

Suhail A.Siddiqui (Expert) 13 April 2014
No, you can not surrender VAT certificate but you can close your business.

T. Kalaiselvan, Advocate (Expert) 13 April 2014
It is better you consult your local tax consultant and proceed as per his advise on the subject issue.

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