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Gujarat vat registration

128 views 2 replies

Awdhesh Kushvaha

Chief Accounts Executive

26 Points Joined October 2015

Hello Experts,

I hope you all are doing well.

I am confusing with Gujarat VAT registration U/S 21. As per under section 21 of Gujarat VAT if any dealers whose sales turnover exceed 5 lack and taxable purchase more that 10k than he is liable to get registration U/S 21 of Gujarat VAT.

Expert’s, can you please confirm if purchase turnover exceed 10k in the financial year than they can apply for VAT registration u/s 21? or both condition required to full fill?

Thanks,

Awdhesh

Replies (2)

sandeep

student

188 Points Joined January 2009

there are two method for vat registration only is voluntary and other is when prescribed limit exceed

Awdhesh Kushvaha

Chief Accounts Executive

26 Points Joined October 2015

Thanks for your information. But for prescribe limit is it compulsory that both condition fulfill? & Taxable purchase Rs 10k is total taxable purchase or total tax should be 10k?