Dvat registration
This query is : Open
03 May 2014
Some body could help on the following DVAT issue.
For example: In case of an exporter who is purchasing goods and exporting the same, in order to claim vat exemption he'll furnish H form (or other applicable form) to local dealer and then he'll export the goods.
Now my question is: in case he opts not to claim vat exemption and pays vat to local dealer and considers vat as his cost of purchase - whether he is required to get himself registered under VAT/Sales tax authorities when he's not claiming vat exemption.
For example: In case of an exporter who is purchasing goods and exporting the same, in order to claim vat exemption he'll furnish H form (or other applicable form) to local dealer and then he'll export the goods.
Now my question is: in case he opts not to claim vat exemption and pays vat to local dealer and considers vat as his cost of purchase - whether he is required to get himself registered under VAT/Sales tax authorities when he's not claiming vat exemption.
03 May 2014
Yes he needs DVAT Registration & Central Sales Tax Registration both. Because:
1. You are doing Export Sales, which requires mandatory Sales Tax Registration.
2. You ll also need IE Code, which further requires VAT Registration.
So, it is mandatory in your case.
http://cavibhorjain.com/
1. You are doing Export Sales, which requires mandatory Sales Tax Registration.
2. You ll also need IE Code, which further requires VAT Registration.
So, it is mandatory in your case.
http://cavibhorjain.com/
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