Dvat query !!!

DVat 660 views 3 replies

Dera Friends

I had a TIN for DVAT and CSt in my fathers name which got cancelled in 2011.

Now I want to get a new. I asked a CA and he suggested me below things. Pl suggest your views, are they correct or not.

1. We can apply a new TIN (DVAT & CST) with same PAN but the address should be new.

2. There is no security required now as it used to be before 2012 (1 lak security).

3. We can buy from a unregistered dealers who dont give bills and we can charge Tax and show these transactions in Tax details, We have to pay full tac for it and no input credit will given to us.

4. EarIier TIN was on my father's name and can I get a new TIN on same address ?

5. Do i need a Service Tax as well for online website designing and hosting services if i offer ?

Thanks in advance

Replies (3)

Actually the Last TIN was terminated due to late submission of Quaterly bills. and my CA failed to give the reasons when asked for. I was totally dependent on him.

Dear Negi,

 

Regarding of ur 5th question ,

If the value of taxable services exceeds Rs. 9 Lacs, then registration with the Service Tax department is must.

Further Service Tax will be payable if the taxable services exceeds Rs. 10 Lacs.

Hence exemption limit has been given upto Rs. 10 Lacs.

 

What type of ur firm like partnership , P Ltd. company , proprietor etc.

Come on guys, reply....


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