For taxation and other regulatory requirements.
This query is : Open
15 December 2016
Dear Sir/Mam,
I want to establish my manufacturing unit of leggings, school uniforms and other readymade garments.
I have some queries regarding this
1.Which is more benificial whether to go for a partnership firm or a proprietorship along with its consequences?
2. MP Vat rate applicable on leggings?
3. Threshold limit of taking a tin registration under mp vat.?
Pls. resolve my queries as soon as possible.
Thanking you,
Sanni Wadhwani,
I want to establish my manufacturing unit of leggings, school uniforms and other readymade garments.
I have some queries regarding this
1.Which is more benificial whether to go for a partnership firm or a proprietorship along with its consequences?
2. MP Vat rate applicable on leggings?
3. Threshold limit of taking a tin registration under mp vat.?
Pls. resolve my queries as soon as possible.
Thanking you,
Sanni Wadhwani,
16 December 2016
In my views:
1. proprietorship for saving from tax and compliances, LLP or company for having ease of outside finance and trust.
2. 5%.
3. turnover of 1 lac for taxable goods or 10 lac for all.
for further query in detail contact us : rnjeswanibc785@gmail.com, 9923179548.
Message likes :
1 times
16 December 2016
Can you please specify the section where i got the threshold limit of mp vat.
I have an confusion regarding this because many of says the threshold limit would be Rs. 500000.
I have an confusion regarding this because many of says the threshold limit would be Rs. 500000.
16 December 2016
Correction:
1. The limit mentioned in point 3 is for Maharashtra vat.
2. For MP the registration threshold limit is Rs. 5 lac turnover.
Regretful.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Payment of bonus act - notice pay recovery
- MIS MATCH OF INVOICE NUMBER
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
