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who are liable to be registered under Vat Act
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Answer / neena sethi
A dealer whose turnover exceeds the prescribed limit is
liable to pay tax .
Two categories : 1) Importer : Total turnover of sales
exceeds Rs 1,00,000 and value of taxable goods sold or
purchased is not less than Rs 10,000.
2) Others : Total turnover of sales
exceeds Rs 5,00,000 and value of taxable goods sold or
purchased is not less Rs 10,000.
| Is This Answer Correct ? | 24 Yes | 3 No |
Answer / sourabh
THOSE DELR WANT TO PURCHASE OUTSIDE OF THE STATE AND THOSE
ONE ALSO WHOM WANT TO CLAIM VAT INPUT AND WHEN TURNOVER
UPTO 500000 THEN VAT REGISTRAION ARE NECCASERY
| Is This Answer Correct ? | 10 Yes | 9 No |
Answer / pallavi sharma
A dealer whose turnover exceeds tha prescribed limit is liable to pay tax. Limit is 10 lakhs.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / sandeep
whose turn over is more than 200000 he should registerd
under VAT.
| Is This Answer Correct ? | 3 Yes | 10 No |
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