Govind S Inani (Proprietor) 22 December 2010

Gujarat Vat

Mr. X is service provider and having registration under service tax.

He is not having registration under gujarat vat act.

Now he wants to sell burnt oil (which remained after consumption of oil & lubricant at his site).

The value of this burnt oil is Rs. 50000/-.

Whther Mr. X is required to get registered under Gujarat Vat Act to sell this burnt oil? (Mr. X is having no other sales during the year.)

If answer to above question is NO, then can he give invoice for this sale?

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4 Replies

Govind S Inani (Proprietor) 23 December 2010

Thanks for your reply.

Is Mr. X not liable under casual dealer category to whom limit of 10000 only applies?

Rajesh Thakker (Advocate) 24 December 2010

Dear Mr Inani

Your posting is not full. You have not stated that what type of the service you are provided. Moreover, have you any purchase for providing service? If yes, than please state total amount of purchase during the year. (2) Are you used materials @ 10% of your service contract?

After clarification from your side, the perfect answer will be given.

Dharmesh (Accountant) 30 December 2010

Please refer to the help me of my company new vat number process

But totaly sales purchase of our business in cloth and out site gujrata of against h form so tourn over to uo yearly six lax but consultancy to gauidence of taxable five lac turnover.

Above report to read a five lacs tournover or 10000 taxable tournover.

How to confirm process. Please the Guide to sugguest.

Thaks and regards

Dharmesh M. gandhi

E-mail ID: dharmeshmgandhi@gmail.com