who are liable to be registered under Vat Act
Answers were Sorted based on User's Feedback
Answer / neena sethi
A dealer whose turnover exceeds the prescribed limit is
liable to pay tax .
Two categories : 1) Importer : Total turnover of sales
exceeds Rs 1,00,000 and value of taxable goods sold or
purchased is not less than Rs 10,000.
2) Others : Total turnover of sales
exceeds Rs 5,00,000 and value of taxable goods sold or
purchased is not less Rs 10,000.
Is This Answer Correct ? | 24 Yes | 3 No |
Answer / sourabh
THOSE DELR WANT TO PURCHASE OUTSIDE OF THE STATE AND THOSE
ONE ALSO WHOM WANT TO CLAIM VAT INPUT AND WHEN TURNOVER
UPTO 500000 THEN VAT REGISTRAION ARE NECCASERY
Is This Answer Correct ? | 10 Yes | 9 No |
Answer / pallavi sharma
A dealer whose turnover exceeds tha prescribed limit is liable to pay tax. Limit is 10 lakhs.
Is This Answer Correct ? | 2 Yes | 1 No |
Answer / sandeep
whose turn over is more than 200000 he should registerd
under VAT.
Is This Answer Correct ? | 3 Yes | 10 No |
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