Dear Sir,
My Computer Business is registered under APVAT & CST. I have started my Business in the year Nov,2008.
My Sales turnover is as follows.
Nov,2008 - Mar,2009 - Rs.83,000/-
Apr,2009 - Mar,2010 - Rs3,95,000/-
My Question is:
1) Will my VAT License be cancelled as I don't have the required turnover in a year?
2) How to avoid cancellation of my VAT license ?
Regards,
Arun Kumar