15 June 2016
My Friend is doing Trading of Good. He purchase in Retail & sale in Retail. which type of TAX RETURN does he has to file in the financial year ending. Does any TIN No required to do such type of business?
15 June 2016
Hi For your Query regarding requirement of TIN No. & DVAT Return, Please Check below mentioned Section of DVAT Act. 1. As per section 18 of DVAT Act, every dealer is required to apply for registration under this Act if the dealer’s turnover in the current year exceeds twenty lakh rupees or the dealer is liable to pay tax, or is registered or required to be registered under Central Sales Tax Act, 1956.. 2. For Filling DVAT Return, Same is to be Filled in DVAT-56, DVAT-16 & Form1(if there is InterState Sale )
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