Dear Expert
In the state of Maharashtra VAt Registration turnover limit Rs 5 Lac ?.... or chance please confirm
1 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177852 Points)
Replied 23 September 2016
Every dealer is required to get register compulsory under MVAT, whose turnover is exceeds the prescribe limit as mentioned under section 3 (4) of MVAT Act. The turnover limit for the purpose of MVAT registration is given below:
| Category of Dealer | Turnover | Turnover of taxable good purchase or sold |
| Importer | Rs. 1,00,000 | Rs. 10,000 |
| Other than Importer | Rs. 10,00,000* | Rs. 10,000 |
Here importer means the dealer who purchases the good outside the state of Maharashtra. The turnover limit of Rs. 1 lack or Rs. 10* lacks is including turnover of all sales whether taxable or tax free. However turnover limit of Rs. 10,000 is in respect of taxable goods whether purchase or sold.
Recent Topics
- Share office desk in bkc, near family court
- 80D claim for payment paid by parent
- TDS on purchase of Flat under subvention scheme be
- Nznxnc call me at the end of the day of the
- Nsje snswk fjw ed le ene djff ne enje ejdd rejje
- Hxjcif the day I have been in touch with me and
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
Related Threads
CAclubindia
