one of my client requires vat no. but he does not want to pay 25000 and 5000 deposit because for rs.25000 set off will be available only after 2 years.
1. what are the sale/purchase limit that one should have to save above deposit.
2. can one apply for only CST Number( so that he can produce c forms and pay only 2%cst) and not MVAT number(his sales within maharashtra is less than 500000)
28 April 2012
If your Sales Turnover crosses Rs. 500000/- or in case if you have OMS Purchase then if your turnover crosses 100000/-, then you can take registration by saving the 25000/- and 5000/-
CAclubindia
