Kar - registrering as a vat and comp dealer under one tin

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Dear All,

Whether a dealer can register as a VAT dealer as well as Composition dealer under same TIN Number ?

If yes, kindly provide more details...

Note : This query is related to Karnataka VAT

With regards,

Subramanya

Replies (4)

Dear Subramanya,

I am not familiar with Karnatka VAT.... but i am sure that according to the white paper of VAT, it's not possible for a dealer to register as normal VAT dealer and also composition dealer... under one TIN, in any state of India.

 

 

Best Regards,
CA Lovely Arora
ca.lovelyarora @ gmail.com

 

 

You cannot registered under both scheme at same time in Karnataka with same tin number. because the concept of Regular dealer and Composite dealer is totally different.

Dear Arora/Imam,

 

In Karnataka VAT, there is a provision to register has both (i.e., Regular and Composition).

Assume i will be dealing with two types of Business - 1) Whole sale dealer 2) Restaurant. in such scenario dept allows you to register as BOTH (Na ghar ka na Ghat ka). He will be having only one tin number and provision to file both Forms (Form VAT 100 (regular) and Form VAT 120 (composition).

However still i need more info about this.

Can anybody comment on this...

Subramanya

Dear Sir,

yes, this situation is possible... thanks for rectifying me...

and i will also look forward for further info. in this regard..

Thanks again... the problem is also to get registration under different positions while opting for e-registration and also e-filing of such returns.. please clarify if anyone have knowledge about K-VAT...

 


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