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Registration under rvat for surrafa dealers

VAT (Legacy) 249 views 3 replies
I want to make registeration for surrafa dealers. under RVAT.......... under Which scheme i have register ..... composition scheme or normal scheme ?
Replies (3)

Its totally depend upon the turnover

If business having less turnover, than he can adopt the scheme rupees five hundred for every rupees two lac or part thereof

But if business having more turnover , than he should adopt main VAT registration so that he can take input credit .

In our opinion goldsmith should adopt normal registration so that he can take input credit

Dear sir

If adopt the scheme rupees five hundred for every rupees two lac or part thereof what is this scheme 
And If we go for normal turnover what is rate of vat

By the way he has turnover  of 15 lakh
 

Agree with CA jodhpur...


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