I want a information of vat registration in Maharashtra
I have started business on dated 15 April 2011 and i also purchase goods 500000 exceed on dated 2.1.2012 but my sale not exceed 500000 so this situation am i liable to MVAT registration?
21 January 2012
If total turnover is within Maharashtra, the liability for registration is on the date when the turnover of sale exceeds limit of Rs. 500000/- and turnover of taxable goods is of Rs. 10000/-. In your case turnover of sale has not exceeded the limit, ypu are not under statutory obligation to apply for registration under MVAT Act.