I want to register proprietorship, need some info

DVat 361 views 2 replies

I am on DVAT registration form, Filling all my details 

i am a bit confused about few questions, Please help me out

1.(a) Turnover In Preceding Financial Year:

2(b) Expected Turnover In The Current Financial Year:

3 c List Of Top 5 items with Commodity Code: ( I am going to start cloths sale and purchase business so please confirm code 

4.d Accounting Basis:*

Accrual    Cash

Also confirm what is next steps to complete the TIN resgistratio process 

 

 

Replies (2)

 

A) & B) are not mandatory fields

In A) you have to fill last year turnover (if any) or you can left blank 

In B) you need to mention expected turnover for current financial year.  as both A) & B) are mandatory field so you can left them blank.

C) You have to select 5 major commodity on which you want to deal for Sale & Purchase

D) Select option Accrual

 

Point A is applicable if Type of Registration is  - Mandatory


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