23 February 2008
hello sir, my query is regarding wheather a hardware retailer is require to obtain a VAT registration irespective of its turnover. if yes then wat would be its consequences i mean he'll hav to file a quarterly return etc.
25 February 2008
when your turnover is cross rs five lakhs then you will liable to take registration if your tax liabilities is less than rs 36000/-then you will filled six monthly returns,tax liability is less than rs.100000/-quarterly return and in excess of rs 100000/-monthly return also you will take volunterly registration if you want it
CAclubindia
