Annual return i.e. Form I-1 in TNVAT Act-2006

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....nnual return i.e. Form I-1 in TNVAT Act-2006<br> Query (Issue) Started By: - C.Raphael Chinna Kulandai Dated:- 26-12-2015 VAT + CST<br>VAT / Sales Tax<br>I wish to be clarified the following queries ....

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....: 1.What is the turnover limit for an annual dealer? Should he limit his turnover to Rs.10 lakh only ? or can he cross that limit ? If a dealer deals only in non taxable goods and his turnover goes a....

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....bove 10 lakh ( to any amount ) is he still allowed to file Form I-1?.If he buys and sells taxable goods beyond the limit of &#8377; 10 lakh can he still file Form I-1 and should he pay tax? or is he e....

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....xempt from paying tax upto the limit of &#8377; 10 lakh and pay tax for the turnover beyond &#8377; 10 lakh? Should he switch over to &#39;K&#39; return of &#39;I&#39; Return? I need some expert clari....

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....fication . Please , ...........<br> Discussion Forum - Knowledge Sharing ....