Condition for not 25000 and 5000 deposit under mvat act
This query is : Resolved
27 April 2012
Hello everyone,
one of my client requires vat no. but he does not want to pay 25000 and 5000 deposit because for rs.25000 set off will be available only after 2 years.
1. what are the sale/purchase limit that one should have to save above deposit.
2. can one apply for only CST Number( so that he can produce c forms and pay only 2%cst) and not MVAT number(his sales within maharashtra is less than 500000)
waiting for your reply urgently ?
one of my client requires vat no. but he does not want to pay 25000 and 5000 deposit because for rs.25000 set off will be available only after 2 years.
1. what are the sale/purchase limit that one should have to save above deposit.
2. can one apply for only CST Number( so that he can produce c forms and pay only 2%cst) and not MVAT number(his sales within maharashtra is less than 500000)
waiting for your reply urgently ?
28 April 2012
If your Sales Turnover crosses Rs. 500000/- or in case if you have OMS Purchase then if your turnover crosses 100000/-, then you can take registration by saving the 25000/- and 5000/-
Message likes :
1 times
13 May 2012
The expert is right and I agree with him
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR 2 Short Term gain & Long term gain
- Itr 1 processing
- Reporting Income under Section 44ADA
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- ITR returnFY25-26
- Share accounting-->fifo - capital gain - period as per fifo?
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
