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    <title>Taxable quantum for the purpose of seeking registration increased from Rs. 5 lacs to Rs. 10 lacs</title>
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    <description>The Lt. Governor, exercising powers under sub section (2) of section 18 of the Value Added Tax Act, has increased the taxable quantum used to determine compulsory registration for VAT. The notification changes the statutory registration threshold and takes effect immediately, thereby altering the monetary criterion that triggers registration and attendant compliance obligations under the Act.</description>
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      <description>The Lt. Governor, exercising powers under sub section (2) of section 18 of the Value Added Tax Act, has increased the taxable quantum used to determine compulsory registration for VAT. The notification changes the statutory registration threshold and takes effect immediately, thereby altering the monetary criterion that triggers registration and attendant compliance obligations under the Act.</description>
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