cancel
Showing results for 
Search instead for 
Did you mean: 

is VAT/CST registration needed to do business below turnover 1Lakh.

sgire61
Community Member

I am planning to do a business through its annual turnover may just below 1 Lakh. Is any VAT/CST registration may I need to do this.

Anyone pls help.

Message 1 of 3
latest reply
2 REPLIES 2

Re: is VAT/CST registration needed to do business below turnover 1Lakh.

TILL 5 LACS TURN OVER, YOU DO NOT NEED ANY VAT/CST FOR SURE. IF YOUR TRANSACTION ABOVE 5 LACS PER YEAR, THEN ONLY YOU NEED VAT/CST REGISTRATION. 

 

NOT TO WORRY ABOUT THAT FOR SURE. IF YOU ARE IN MH, YOU HAVE 10 LACS LIMIT.

Some people can go their whole lives and never really live for a single minute.
Message 2 of 3
latest reply

Re: is VAT/CST registration needed to do business below turnover 1Lakh.

There is definitely an exemption in VAT ( for selling within state) but if you are selling out of state there is no exemption. So you need to have TIN ( VAT/ CST No.) to sell legally.

Till then you can choose delivery option as "delivery within seller's city" while listing products on ebay.

Message 3 of 3
latest reply