Is it mendatory to pay VAT (if registered in DVAT) despite of non tuching of thrash hold limit since registeration.
Ankush Aggarwal (Student) (33 Points)
10 December 2014Is it mendatory to pay VAT (if registered in DVAT) despite of non tuching of thrash hold limit since registeration.
CA SONIYA AGARWAL
(self practice)
(3005 Points)
Replied 11 December 2014
yes if your are collecting vat , vat needs to be paid
Piyush Tanwar
(Assistant Manager - Accounts)
(1432 Points)
Replied 11 December 2014
if you registered in DVAT, whether you have touched thresold limit or not; you have to pay VAT as per provisions of DVAT Act