Dear Members,
I want to know about Dvat eligibility for trading of unstiched ladies suits.
what are the rates applicable for the same ?,
what is legal fees for registeration for Dvat ?
Thanks
1 Replies
MJ Krishnamurthy
(ACCT(Retd))
(7197 Points)
Replied 12 June 2012
Mr Raman Kapoor,
Unstiched ladies suits should be treated as cut peices of cloth and exempt from VAT.
Rgestration fee is Rs500/-.On accepting your application for registration some amount of security will be demanded by the department.It may be upto Rs50,000/-. This can be furnished in various forms such as cash,NSC,share, deposits certifcates,or pledging any immovable property bank guarantee etc.DVAT 04 form is to be filed either on line or manually along with required documents........MJK
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