(1) If subsequent to the issue of a certificate of eligibility, a dealer who enjoys benefit under sub-clause (a) or sub-clause (b) or sub-clause (c) of sub-section (1) of section 118-

(a) effects any change in the name of his business or class or classes of goods specified in his certificate of eligibility, he shall make an application together with the certificate of eligibility and necessary approval of the Government;

(b) effects any change in the location of the unit specified in his certificate of eligibility, he shall make an application together with the certificate of eligibility, necessary approval of the Government and supporting documents in respect of such change;

(c) effects any change in the gross value of fixed capital asset or installs any pollution control equipment, he shall make an application together with the certificate of eligibility, necessary approval of the Government and supporting documents in respect of such change;

(d) sells or otherwise disposes of the industrial unit in respect of which he has been granted the certificate of eligibility, he shall inform giving all particulars therein of such sale or disposal and enclosing therewith a copy of the deed of such sale;

(e) effects any change in the ownership of the business, he shall make an application together with the copy of certificate of eligibility, necessary approval of the Government and evidence in respect of such change;

(f) effects any change in the capacity of production of the industrial unit, he shall make an application together with the copy of certificate of eligibility, necessary approval of the Government and evidence in respect of such change,

to the Senior Joint Commissioner or the Joint Commissioner or the Deputy Commissioner duly authorised by the Commissioner within the 30th day of November, 2006, or within thirty days from the date of such change or within such further time as may be allowed by such Senior Joint Commissioner or Joint Commissioner or Deputy Commissioner, and the said Senior Joint Commissioner or Joint Commissioner or Deputy Commissioner upon being satisfied that the application is in order, may, ordinarily within forty-five days from the date of receipt of such application, amend such certificate of eligibility.

(2) If upon information, the Senior Joint Commissioner or the Joint Commissioner or the Deputy Commissioner, as the case may be, is satisfied that a dealer has contravened any of the provisions of sub-rule (1), such authority, shall, after giving the dealer a reasonable opportunity of being heard, pass an order for discontinuance of the benefits specified under sub-clause (a) or sub-clause (b) or sub-clause (c) of sub-section (1) of section 118.