Kvat applicability on rubber sheet business
This query is : Resolved
25 February 2012
1.Whether kvat applicable on rubber sheet business?
I have some rubber tree in kerala.We extract latex from rubber tree and use acid to make rubber sheets and sell them to rubber sheet suppliers and our sales exceeds five lakhs. Whether we are required to take VAT registration. Please advise me
I have some rubber tree in kerala.We extract latex from rubber tree and use acid to make rubber sheets and sell them to rubber sheet suppliers and our sales exceeds five lakhs. Whether we are required to take VAT registration. Please advise me
25 February 2012
You shall be required to register under VAT .. as rubber sheet shall be goods as per the VAT act..
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