Dear Expert
In the state of Maharashtra VAt Registration turnover limit Rs 5 Lac ?.... or chance please confirm
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(161401 Points)
Replied 23 September 2016
Every dealer is required to get register compulsory under MVAT, whose turnover is exceeds the prescribe limit as mentioned under section 3 (4) of MVAT Act. The turnover limit for the purpose of MVAT registration is given below:
| Category of Dealer | Turnover | Turnover of taxable good purchase or sold |
| Importer | Rs. 1,00,000 | Rs. 10,000 |
| Other than Importer | Rs. 10,00,000* | Rs. 10,000 |
Here importer means the dealer who purchases the good outside the state of Maharashtra. The turnover limit of Rs. 1 lack or Rs. 10* lacks is including turnover of all sales whether taxable or tax free. However turnover limit of Rs. 10,000 is in respect of taxable goods whether purchase or sold.
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