Respected Sir/ Madam, Reg. in VAT is costly for a new start up people. If his turnover is less then 300000 INR in a year. Can he issue a bill without a VAT & do a business legally ?
For eg. A person import goods of 50,000 & pay import duty now to sale those goods in india he req. VAT in Gujarat or other state to sell legally with bill. So can he sell & make bill without VAT number in India ?
Thank you in Advance.
Small Business VAT Registration in India: Understanding Turnover Limits and Benefits of Voluntary Registration Under Gujarat VAT Act A user inquired about the necessity of VAT registration for a small business with an annual turnover below 300,000 INR, questioning if sales can be conducted legally without VAT registration in India. A respondent advised that if the turnover might exceed the exemption limit, registration under VAT/CST is beneficial for input set-off, though it involves costs. The user expressed difficulty in finding specific registration limits in Gujarat and noted the high registration cost. The respondent suggested referring to the Gujarat VAT Act, highlighting compulsory registration if sales exceed certain thresholds, and mentioned that voluntary registration deposits can offset future VAT liabilities. (AI Summary)
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