Dear Sir,
My Computer Business is registered under APVAT & CST. I have started my Business in the year Nov,2008.
My Sales turnover is as follows.
Nov,2008 - Mar,2009 - Rs.83,000/-
Apr,2009 - Mar,2010 - Rs3,95,000/-
My Question is:
1) Will my VAT License be cancelled as I don't have the required turnover in a year?
2) How to avoid cancellation of my VAT license ?
Regards,
Arun Kumar
Hi,
if u will file the quarterly nil return , ur registration number will continue without cancellation/defult
Dear Arun
VAT is not to be cancelled for the reason that your TO is very less.But you have to file the return regularly
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