Dear Expert
In the state of Maharashtra VAt Registration turnover limit Rs 5 Lac ?.... or chance please confirm
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Vat
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Every dealer is required to get register compulsory under MVAT, whose turnover is exceeds the prescribe limit as mentioned under section 3 (4) of MVAT Act. The turnover limit for the purpose of MVAT registration is given below:
| Category of Dealer | Turnover | Turnover of taxable good purchase or sold |
| Importer | Rs. 1,00,000 | Rs. 10,000 |
| Other than Importer | Rs. 10,00,000* | Rs. 10,000 |
Here importer means the dealer who purchases the good outside the state of Maharashtra. The turnover limit of Rs. 1 lack or Rs. 10* lacks is including turnover of all sales whether taxable or tax free. However turnover limit of Rs. 10,000 is in respect of taxable goods whether purchase or sold.
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