VAT RETURNS IN KARNATAKA

Thyagaraj (Manager Finance & Admin)   (37 Points)

26 June 2010  

Sir,


With reference to the below case, Please clarify :

Mr.X is a dealer having a turnover of  Rs.1,20,000  per annum,  He has got registered  with VAT authorities & having the TIN NO. My question is eventhough his turnover is less than the amount specified for registration  under VAT, Is he reqiuired to file monthly return just because he has got registered with VAT  authorities, irrespective of the Turnover?


Please clarify