WE DEAL IN OPTICAL GOODS. PURCHASES ARE 100% FROM REGISTERED DEALERS. HOWEVER 90% OF OUR SALES IS MADE TO REGISTEEALERS. ROUGHLY 10% IS SOLD ACROSS, THE COUNTER TO INDIVIDUALS. hOW TO SHOW SUCH SALES IN VAT RETURN
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Urd sales under karnataka vat
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Show it as sales at the rates at which VAT is applicable on such sales. For eg. if VAT payable on such sales is 14.5%, then show it under Sales 14.5% in VAT100.
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