DVT and CST for unregistered dealer

[Rajeev Maurya]

Dear experts, I am new member here, need your valuable advice. I am a unregistered dealer. And I do purchase goods (CCTV dvr camera , EPABX, IP-Pbx, Security system, Access Card Attendance machine, fire alarm system etc. ) from a registered (dvat) dealers as well as unregistered dealers, and further do sales of the same goods to end user or clients in NCR, Delhi, Noida, Faridabad, Gurgaon, I assume this is a interstate sale except the one I do in Delhi. please suggest what is my tax liabilities, if my total turn over remain below ₹ 10 lakh per annum, and how to calculate my taxes so that I can pay to government, I have one savings bank account in hdfc bank Delhi, I do receive cheque payments from clients on my name. what kind of records of sales and purchase I should maintain in this case, please suggest, and I dont have any office I work from rented home is this all legal? Thanks in advance Regards, Rajeev Maurya

AI Summary

Unregistered Dealer Questions VAT and CST Registration Requirements for Sales with Turnover Below 10 Lakh An unregistered dealer inquires about tax liabilities related to purchasing goods from registered and unregistered dealers and selling them to clients in the NCR region, including interstate sales. With a turnover below 10 lakh, the dealer questions the necessity of VAT and CST registration. An expert clarifies that registration under VAT is not required unless the turnover exceeds 20 lakh. However, for CST sales, registration is necessary. The dealer is advised to consult the DVAT Department for further guidance on interstate sales and tax calculations. The legality of operating from a rented home is also questioned.