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Unregistered Dealer Delhi VAT Documentation

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..... Dear Experts Kindly give your expert advice on the following queries related to Unregistered Dealer under DVAT. ( below the Taxable Limit of 20 lakh) 1) Bill / Cash memo issued by unregistered dealer should have to mention it on Bill that he is Unregistered dealer under the limit of taxable turnover. 2) can he sale all the goods or only Tax Free Goods?? . he has purchased both types of goo .....

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..... ds from Unregistered dealers , as well as from Registered dealers by paying tax. 3) any type of Documentation to be submitted to Sales tax Dept.?? 4) Accounts / records to be maintained for Sales TAx / Income tax. 5) can he claim the Exp of business in Income tax, as per Regular registered Proprietorship firms? 6) is he has to appoint any CA for any mandatory Reports, which can be signed o .....

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..... nly by CA. Awaiting for your expert advice. Regards.. Vikas Kapoor - Reply By Pradeep Khatri - The Reply = Replies to your queries: You would have to mention on each and every invoice that you have not crossed the threshold limit till the time you touch it. You may sell all goods i.e. Tax Free and Taxable. But if you are dealing in exclusively in Tax Free goods, then, despite .....

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..... of crossing the threshold limit, you need not to get the registration under DVAT Act. Financials along with Bank Statements may be submitted to show your bonafide to DVAT Department. Financial duly certified by the CA would be sufficient in this regard. Yes, but your CA will guide you on this aspect. Yes, if you appoint a CA then it would be better to explain the financial in a better an .....

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..... d honest manner to the DVAT and Income Tax Department. - Unregistered Dealer Delhi VAT Documentation - Query Started By: - VIKAS KAPOOR Dated:- 2-5-2013 Value Added Tax - VAT-CST - Got 1 Reply - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI .....

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..... - TMITax .....

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