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Querist : Anonymous

Querist : Anonymous (Querist)

08 March 2010 One of my client is running distributorship of mineral water since last March-April in Gujarat. On the bills raised by him he is mentioning inclusive of tax amount. He has not yet registered under VAT. He has exceeded the threshold limits. How should he go about getting his TIN no and also what should be his liability, from the first day or from the date of registration or from the day his turnover exceeded the threshold limit? I am mainly into Finance line so please help me in this Indirect tax matter.

CA. O.P. Agarwalla

CA. O.P. Agarwalla (Expert)
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18 April 2010 Obviously his tax liability will be from the next day when he crossed the threshold limit.

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