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What do you mean by vat, vat registration total cost hydra bad
in which places
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Answer Posted / Umesh Joshi
VAT (Value-Added Tax) is a consumption tax levied on the value added to goods and services at each stage of production or distribution. VAT registration is required when a business exceeds a certain threshold of sales, making it liable to charge and pay VAT. The total cost of VAT registration varies by country and may include application fees, ongoing compliance costs, and potential legal or professional service expenses. HYDRA BAD appears to be unrelated to this question.
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Central purchase is eligible for issuance of H form. Whetther H form can be issued against local purcahse also? What I came to know is : earlier H form can be issued against central purchase only, but after intoduction of VAT, department issued notification regarding issuance of H form against LOCAL PURCHASE also. Is it true? If true then please tell me about notification/ circular/ relevant section or law. Please look into the matter. Thanx n Regards
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