Deemed Registrations - How to pay tax?
AS per Rule 4(5) of ST Rules, 1994, if registration certificate is not granted within 7 days from the date of receipt of application or intimation, the registration applied for shall be deemed to have been granted. But, when the registration is deemed to be granted, would the applicant be intimated the registration number automatically by ACES? What will be the use of such provision when the assessee is unable to remit the tax online till the Registration No.is linked with NSDL website? After seven days of application, if no registration is granted, will the systems generate PAN based registration and update the database to enable payment of tax?