banner_ad

Turnover for registr ation under upvat

Others 536 views 1 replies

Dear All,

I need your help to suggest someone for registration under UPVAT.

A Mobile shop is run by my friend where he sells mobiles and other items. What turnover should be to get registered under UPVAT?? As it is a trade kind of business and i think UPVAT is far different from DVAT in the matter of liability to get registered.

Kindly provide the necessary detail.

Replies (1)
Since it is Mobile accessories and mobile spares are taxable at vat 4% under up salestax act 2008 to schedule 2 Part B if the is MRPcost of theone mobile is more than 10000 then u will liable to pay tax @ 4%. Better you can make voluntartily registration.and it should be registered to avoid any future aspects.Commodity code of the Mobile Schedule 2 Part B Commodity code for mobile is 28 and other mobile accessorries(Microphones, multimedia speakers, headphones, earphones and combined microphone / speaker sets and their parts) comes under commodity code no 2 under Upsales tax act 2008 schedule 2 taxable item under rate 4% at list of IT Products and accessories.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details