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Issue ID: 108532
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Purchase from URD

Date 05 May 2015
Replies1 Reply
Views 1771 Views
Asked by
Purchase limits from unregistered dealers: query seeks whether VAT/CST imposes monthly or yearly caps and depends on state law.
Whether a registered dealer faces statutory limits on purchases from an Unregistered Dealer under VAT/CST is the core issue; no substantive rule is provided and the responder requests the governing statute and State jurisdiction because thresholds and compliance consequences depend on the applicable VAT/CST enactment and state rules. (AI Summary)
Dear Sir/sCould u please clear my conception, that, being we are a registered dealer is there any limitations fur us to purchase from any URD.If so, please let me know what is the maximum limit of purchase from URD by RD monthly/yearly.
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Replied on May 6, 2015
1.

Please specify that under which act you want to know regarding amount of URD Purchase limitation. and morover under which state you are registered under VAT department.

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