Hi Guys,
I need your advise on MVAT. I am about to start a trading business of auto machine tools mainly used by tyre dealers. The product will come from Gujarat and I will be selling in Maharashtra.
My questions are....
- What are the type of resigtrations I would need?
- When should I register for VAT? Can I start my business right away and apply with the prescribed limit is achieved?
- Can I issue invoice right away without registration and wait till the prescribed limit is achieved and I apply/get and VAT certification?
- How to deal with inter state purchase?
Apologies for so many questions but I am totally blank on taxation part.
Many thanks in advance.
Regards
Mehul