14 February 2012
Need a help in following points :
1. Is vat registration compulsory in case of person involve in business of selling beer & Wines (LIQUOR)? condition of T/O exceeds Rs. 60 lacs apply here or not ?
2. Is composition scheme applicable for such business ?
3. Can above person take Vat input credit (If he is Registered) ?
CAclubindia
