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Querist : Anonymous

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Querist : Anonymous (Querist)
19 December 2013 what is the limit for registration under west bengal vat act and whether sale of 2nd hand tyre attract VAt
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MJ Krishnamurthy

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MJ Krishnamurthy (Expert)
19 December 2013 Mr Author,
Taxable minimum limit is Rs 5 lakhs in a financial year.For dealers doing export,import,interstate sales,casual traders this limit is not applicable. No minimum limit for them. Even second hand tyre sales are taxable,may be as scrap or rebuilt tyres.....mjk
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