one of the our client deals in footwear business. He wants to get registered under maha vat (TIN). His purchases are of interstate & from unregistred dealer & sales are within maharashtra. What is the eligibility criteria for registration. please also give me details about documentations for registration & is any tax free items in footwears?
04 February 2013
As you are having OMS Purchases , you are liable to take MVAT Registration on Turnover of Rs.100000/- . Provided there is sale of atleast 10000/- of Taxable Commodity