Unregistered dealer and deduction

Paresh Adavani (ceo) (25 Points)

24 April 2014  

We have a vendor who supply some material to us.

 

They do not have a vat number as their turnover is a small.

 

How should i book this purchase . Should it be plain purchase from Unregistered dealer .

 

Should I deduct 12.5 vat from his bill and pay this vat?

PLease inform guidelines with references to MVAT acts and circulars if any.

 

They