TURNOVER FOR REGISTRATION UNDER MAHARASHTRA VAT
This query is : Resolved
14 July 2010
BUSINESS: RETAILER IN FERTILISERS AND PESTICIDES
PURCHASE BILLS STARTS FROM 26/05/2010 AND FIRST 5 LAKHS PURCHASES CROSSED AS ON 08/06/2010, BUT ACTUAL COMMENCEMENT OF BUSINESS AND SALES ARE FROM 23/06/2010 UNDER SHOP ESTABLISHMENT ACT,
AND ALL THE PURCHASES UPTO 23/06/2010 ARE OPENING STOCK
SALES STARTS FROM 23/06/2010 AND FIRST 5 LAKHS SALES CROSSED AS ON 08/07/2010
PLEASE TELL ME WHETHER I CONSIDERED FIRST PURCHASES OR SALES TURNOVER FOR BECOMING REGISTERED DEALER UNDER MAHARASHTRA VAT
PLEASE REPLY URGENT
PURCHASE BILLS STARTS FROM 26/05/2010 AND FIRST 5 LAKHS PURCHASES CROSSED AS ON 08/06/2010, BUT ACTUAL COMMENCEMENT OF BUSINESS AND SALES ARE FROM 23/06/2010 UNDER SHOP ESTABLISHMENT ACT,
AND ALL THE PURCHASES UPTO 23/06/2010 ARE OPENING STOCK
SALES STARTS FROM 23/06/2010 AND FIRST 5 LAKHS SALES CROSSED AS ON 08/07/2010
PLEASE TELL ME WHETHER I CONSIDERED FIRST PURCHASES OR SALES TURNOVER FOR BECOMING REGISTERED DEALER UNDER MAHARASHTRA VAT
PLEASE REPLY URGENT
15 July 2010
Pls refer to Sec 3(2)(2)(3) & (4) of MVAT Act. WEF 20-06-2006 it is only the TO of Sales that are considered for determination of liability.
Message likes :
1 times
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
- STCG....................................................
- Supply through E-commerce Operators
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Relief u/s Section 89
- GST ON DAMAGED GOODS
- E way bill for tractors
- GST Rate applicable for 0% Food Items sold by an Industrial Caterer
- Specified Profession
- Suggestions required for income tax filing-software (FY 2025-26)
- TAN for Partnership
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- 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
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
