Sale without vat
This query is : Resolved
30 August 2011
Dear Sir/Madam,
In Form 1 for the new registration of VAT there is a column of Last Year & Current Year Sale to be filled up if no sale is possible without vat registration then What sale figure it is talking about.There is also a column of purchase like sale and I understand during purchase the input vat is to be paid. Please clarify the sale point.
Thanks & Regards
In Form 1 for the new registration of VAT there is a column of Last Year & Current Year Sale to be filled up if no sale is possible without vat registration then What sale figure it is talking about.There is also a column of purchase like sale and I understand during purchase the input vat is to be paid. Please clarify the sale point.
Thanks & Regards
31 August 2011
without registration the dealer is not eligible to charge the vat/cst, so its not tax paid,
also though the purchase is vat paid, but in absence of vat regisration, the input credit is not available, so they are asking to bifurcate the purchase made from registered and unregistered dealers separately
also though the purchase is vat paid, but in absence of vat regisration, the input credit is not available, so they are asking to bifurcate the purchase made from registered and unregistered dealers separately
01 September 2011
There is minimum turnover which entitles a trader to register under VAT. The form talks about that sales when you have crossed the minimum limit and what is the turnover.
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
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Tax on capital gains revoked us 54f
- Inventory of finished goods
- Confusion around Form 26QB fields
- Sale of property furniture sale
- Applicability of Ind As to associate of associate
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Refund of AY 22-23
- Disallowance of Section 43B(h) to sez units
- Last year input claim shown in gstr9
- GST Registration Cancellation books of accounts asked by officer
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- HSN Details in IFF/GSTR-1 & in GSTR 9
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
