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Vat Registration necessary or What?

VAT (Legacy) 959 views 1 replies

Dear Respected  All.

Pls tell me its necessary for vat registration or not, my client is opening new busines, and  services also doing,

Client question upto 10laks year turnover its not necessary, suppose i m registered now , its compulsery for returns.

incease i am not registered  any records maintaing for Sales tax people varifying and aduting .

the same concern is doing services also, pls tell me service tax registration no its compulsery or no need, is there any limits,

pls sugges me,,,,

Replies (1)

VAT registration is necessary else you can not charge / recover  VAT from your customer. Thus in order to enjoy the Setoff benefit dealer have to have a TIN number.


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