Dattaprasad (Audit Officer) (184 Points)
18 May 2011Hi Friends,
Please tell me the procedure for Karnataka vat
If the claint started new business and he don't know about his turnover, then he registerd with commercial tax department for vat.
whether he has to collect output vat from his Customers from stating or after exceeding the threshold limit ?
praveen
(Chartered Accountant)
(6971 Points)
Replied 18 May 2011
Now registration in Karnataka for VAT has become online and is very easy also...
no if the person reaches the limit then he has to first get himself registered as soon as possible....
he cannot collect taxes without first registering with the CTO
CAclubindia
