I am small trading company. One is partnership (myself and my wife) Another one is proprietor concern.
My purchase is Rs. 3 lakh and sales is Rs.4.5 lakh.
It is compulsory to register my concern in sales tax office and obtain VAT number. or there is any limit for upper sales like upto 5 lakh any exemption for sales tax exemption?
21 September 2013
Each state has prescribed limit for registration for dealers and manufacturing unit. In your query, you have not mentioned your state. Is it for Tamilnadu?
CAclubindia
