(1) Any dealer liable to pay tax under this Act who -

(a) disposes of his business or any part of his business whether by sale or otherwise; or

(b) acquires any business or part of any business, whether by purchase or otherwise; or

(c) effects any other change in the ownership or constitution of the business; or

(d) discontinues his business or shifts his place of business; or

(e) changes the name or nature of his business or effects any change in the classes of goods which he sells; or

(f) starts a new business either singly or jointly with other person; or

(g) effects any change in the particulars furnished in an application under section 7 or a declaration furnished under Rule 10.

shall within one month of the occurrence of any of the aforesaid events, inform the Joint Commissioner or Deputy Commissioner or Assistant Commissioner or Commercial Taxes Officer accordingly; and if any such dealer dies, his successor or legal representative shall likewise, inform the Deputy Commissioner or Assistant Commissioner or Commercial Taxes Officer.

(2) A dealer or other person required by sub-rule (1) to furnish information shall furnish, in writing, full details of the date, nature and extent of the event necessitating the furnishing of information and shall also furnish such further details, if any, as the Joint Commissioner, Deputy Commissioner Assistant Commissioner, the Superintendent or the Assistant Superintendent may direct.