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Query vat registeration

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23 June 2012 I want to know, one of my client is eligible to register under DVAT, but he normally sold goods on cash, and most of the goods purchase on bills, he is waiting for GST to come, Whether he should register now or waiting for GST to come ??

23 June 2012 Hi

your question is not on the GST

it is whether shall we pay the Tax or not.

see since its not confirm that GST will implement or not.

1.if your clint doing taxable turnover more than exemption limit which specfied by the tax authority he should get registered under VAT
2.if your client making CST sales he should get regsiterd imidiatelly & collect & pay the tax.

hence please see the option & decide it.
since all indirect tax collected & paid from the consumer, your client is not paying single rupee from his pocket.

24 June 2012

I also think he should get registered instead of waiting for GST. but he also going to mpay tax if he get registered on Value addition.

Thanx..alot




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