Rc copy
This query is : Resolved
08 February 2017
vat rc was cancelled in 2011. whether taking new Rc makes and issue for petrol bunkdealer . sill doing business turnover around 2 cr .How to solve this issue?.plz do the needful
08 February 2017
No need to worry about it, your supplier might reported their all sales made to you in the old TIN number only.
Thus, you take new registration and ask them to update the TIN in the invoices in future.
Further, you are a second stage dealer under TNVAT Act hence, there will not be any tax liability for the past turnover, you can proceed for new registration
Thus, you take new registration and ask them to update the TIN in the invoices in future.
Further, you are a second stage dealer under TNVAT Act hence, there will not be any tax liability for the past turnover, you can proceed for new registration
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