The Department may suspend or revoke a transient vendor certificate if the transient vendor does one of the following:

1. (1) Fails to notify the Department upon entering this Commonwealth to conduct business under § 39.7 (relating to notice prior to entering Commonwealth).
2. (2) Provides the Department with false information regarding the conduct of business within this Commonwealth.
3. (3) Fails to collect and remit to the Department sales tax on tangible personal property or services sold subject to the sales tax.
4. (4) Fails to file with the Department a tax return as provided by section 217 of the TRC (72 P. S. § 7217).