8.       Voluntary Registration

          1)      A VAT dealer registered under clause (a) of sub-section (6) of Section 17 shall fulfill the following requirements namely,-

                   (a)     the dealer shall be making taxable sales;

                   (b)     the dealer shall have a prominent place of business owned or leased in his name;       

                   (c)     the dealer shall have a bank account;

                   (d)     the dealer shall not have  any tax arrears outstanding under The Andhra Pradesh General Sales Tax Act, 1957 or The Central Sales Tax Act, 1956 or under the Act.

          2)      A VAT dealer registered under clause (a) of sub-section (6) of Section 17, shall,-

                   (a)     maintain the full records and accounts required for VAT;

                   (b)     file accurate and timely VAT returns and pay any tax due;

                   (c)     remain registered for 24 months from effective date of registration.    

          3)      Where VAT dealer registered under clause (a) of sub-section (6) of Section 17  fails to file timely tax returns and fails to pay any tax due and his taxable turnover remains under the limits specified in sub-sections (2) and (3) of Section 17, the authority prescribed shall cancel such registration after giving the VAT dealer the opportunity of being heard.