to take vat or tot

[Guest]

sir, we are detergent soap manufacture in Hyderabad.whether we have to register as vat or tot?because we get raw material from unregistered dealer/or with out bill.and also our sale is below 5lakhs, and we also want to start van sales from one town to other towns.and also how to tax ?

[JSW CEMENTLIMITED]

Dear Mr. Sreenivaas,

It is always advisable to get bill for each purchase and sale. Below 7.5 lakhs turnover, there is not need to register for vat or tot but if there is interstate purchase or sale, then you have to get registration under vat and cst for tot dealer until your turnover reaches 50 lakhs.

V.Venkat Raman

AI Summary

VAT registration obligations: interstate purchases or sales trigger required registration and CST compliance despite small local turnover. Registration as a VAT or TOT dealer depends on turnover thresholds for intrastate activity, but interstate purchases or sales trigger registration under the VAT regime and CST obligations; buying from unregistered suppliers or conducting van sales does not remove the registration duty in respect of interstate trade, and maintaining bills for purchases and sales is recommended for compliance.