what is the limit of turnover or criteria for the assessee to file monthly vat returns
what is the limit of turnover or criteria for the assessee to file monthly vat returns
Your annual tax liability should be minimum Rs. 10 crore.
Dealers having tax paid more than Rs.10 lacs or Refund claim of Rs.1 crore in the previous year, is liable for monthly return.(Rule 17 of MVAT Rules,2005)
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