vat registration

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LOHITH

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

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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29 March 2017 Yes , Vat Registration is required in above transaction.

LOHITH

LOHITH (Querist)
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29 March 2017 so no threshold limit for registration apply?

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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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.

LOHITH

LOHITH (Querist)
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29 March 2017 ok thank you sir :)

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