I am a registered dealer in tamil nadu, i have tin, but my t

Dear if you have register you have to pay you sales tax first and then you can surrneder your tin if you don't want to continue with your tin

I wish to continue with the TIN, just wanted to clarify if i have to pay VAT from the first sale or when the turnover reaches the threshold.

No need to pay tax until turnover crosses threshold limit...just file a nil return in the prescribed due date(s)

Correct me if i'm wrong friends

Oh i see...i'm just an ipc student and reside in Chennai...thanx for the info sir.

will help me in my articleship tenure!!

Sir, Vat is collected true.

As per their rules , vat has to be paid on sale only that too what ever collected.

I f there iss not sale -you will accumulate ITC, when you sale you can  get it adjusted