12. Furnishing of declaration of the name of manager of business. -

(1) Every dealer who is liable to pay tax under the Act and is an undivided Hindu family, or an association, club, society, firm or company or who carries on business as a guardian or trustee, or otherwise, on behalf of another person, shall furnish to the authority competent to register him under section 7 a declaration stating the name, address and other particulars of the person who shall be deemed to be the manager in relation to the business of the dealer in the State.

(2) The declaration mentioned in sub-rule (1) shall be in Form IV and shall be submitted within the time prescribed in sub-section (1) of section 7 or together with his application for registration under sub-section (1) or (2) of the said section whichever is earlier.

(3) Any statement made, return furnished, accounts or documents produced or evidence by the manager or any person authorised by him in this behalf; in course of any proceeding under the Act, shall be binding on the dealer.

(4) Whenever a new manager is appointed, the dealer shall, within one month of such appointment, furnish to the authority referred to in sub-rule (1) a revised declaration in Form III.