Vat registation limit
This query is : Resolved
ankush joshi
(Querist)
09 November 2013
i m selling exempted goods. i want to registred with sales tax ( mvat )
my monthly exempted turnover is 7-8 lacks.
can i get registation in rs. 500/- or either i will have to pay 25000/- ?
my monthly exempted turnover is 7-8 lacks.
can i get registation in rs. 500/- or either i will have to pay 25000/- ?
PRADIP PATWARDHAN
(Expert)
09 November 2013
If your taxable purchase is more than Rs.10000/- then you can apply for vat no. by paying Rs500/- otherwise you have to pay Rs. 25,000/- for voluntary registration. Just check you taxable purchase relates to your sale activity.
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