Mvat registration

HI ALL

 

The turnover of our firm in fy 2013-14 is 8.8 lacs .Is MVAT registration required for us?

 

Is the turnover limit 5 lacs or 10 lacs ?

 

please help

Replies (1)

TO limit is 10 lacs from 26-6-2014.Since to in your case in 8.8 lacs in fy 13-14 for which threshold limit was rs 5 lacs, you need to obtain rc.Since now it will be late application, you will get it from date of application and there will be unregistered period from date of crossing 5 lacs Turnover to date of application. Your also need to apply for condonation of dealy.

This response is on the assumtion that you don't deal exclusively in taxfree goods

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 28 October 2026
Article assistants

Shyam S Gupta and Company

New Delhi

CA Inter

View Details