vat registration


This query is : Open 

29 March 2017 is vat registration compulsory for importing goods and selling it domestically?goods are lubricants

29 March 2017 Yes , Vat Registration is required in above transaction.

29 March 2017 so no threshold limit for registration apply?

29 March 2017 Each state have have there own limit for threshold vary 5- 10 lakhs, and more over lubricants attract entry tax. If you not take VAT Registration, registered buyer has to discharge VAT if they purchased from unregistered dealer.

29 March 2017 ok thank you sir :)


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