9911796707
TMI BlogLibility of obtaining VAT registration in GujaratX X X X Extracts X X X X X X X X Extracts X X X X ..... Libility of obtaining VAT registration in Gujarat X X X X Extracts X X X X X X X X Extracts X X X X ..... t says: "whose total turnover during the year immediately preceding the appointed day exceeded rupees five lakhs and whose taxable turnover exceeded rupees ten thousand in a year (the aforesaid amount ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s of total turnover and taxable turnover are hereinafter referred to as “thresholds of turnover”) One of our client (i.e. ABC Ltd.) doing business of providing House Keeping Service to corporates (XY ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Z Ltd.) (provide house keeper with material) Process is like this: Purchase the HK material in the name of ABC Ltd. and use that material in XYZ premises. ABC Ltd. raise two types of bills 1) Charge ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s for House Keeper (HK salary charges) 2) Charges for HK material (i.e. 1 Rs. per sq. ft.) Turnover of ABC Ltd. would be cross the said limit (Five Lac) within one month. Now the question is ABC Lt ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d. is not going to sell the particular material to XYZ Ltd. Hence, Is ABC Ltd. liable for obtaining VAT registration or not? As it is a key question, can I expect a definite answer to this? Thanks. Re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ply By NILESH GAJJAR:
The Reply:
GVAT will Applicable in your case. Notf. Dtd. 31/03/2006 GHN-23VAT2006/S.2(23)(1)-TH Schedule Entry No. 15.
NILESH GAJJAR
[email protected] X X X X Extracts X X X X X X X X Extracts X X X X ..... Forum - Knowledge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
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