(1) Any dealer, other than a diealer who deals exclusively in one or more classes of goods specified, in the Second Schedule or in respect of which no date has been appointed under sub-section (1) of section 4, whose gross turnover during a year exceeds ten thousand rupees may, notwithstanding that he may not be liable to pay tax under section 4, apply in the prescribed manner to the prescribed authority for registration under this Regulation.
(2) The provisions of sub-sccti'ons (3), (4), (5), (7) and (8) of section 12 shall apply in respect of applications for registration under this section.
f?) Every dealer who has been registered upon application made under this section shall for so long as his registration remains in force be liable to pay tax under this Regulation.
(4) The registration of a dealer upon an application made under this section shall be in force for a period of not less than three complete years and shall remain in force thereafter unless cancelled under the provisions of this Regulation.
(5) Subject to the provisions of sub-section (4), a dealer registered upon application made under this section may apply in the prescribed manner not less than six months before the end of a year to the authority which granted him a certificate of registration for the cancellation oi such registration to take effect at the end of the year in which the application for such cancellation is made; and the said authority shall, unless the dealer is liable to pay tax under section 4, cancel the registration accordingly.