In Maharashtra Registration under Mvat Act is a simple procedure.
The dealer can registered under Mvat Act very easily.
There are two criteria s are available for Registration :-
1) Registration under Turnover basis.
2) Voluntary Registration.
The explanation of the above two are as under:-
1) Registration under Turnover basis :-
of taxable goods is Rs.10,000/-(Ten Thousand)
Registration fees under turnover basis is Rs.500/- only.
This is compulsory on dealer while exceeding the turnover limit of sales under
Sec.3(4) of MVAT Act. From 26-06-2014 dealer can apply for Registration on
his turnover of sales is Rs.10,00,000/-(Ten Lakh) and the turnover of sales or
purchases of taxable goods is Rs.10,000/-(Ten Thousand) &
For Importer Rs.1,00,000/-(One Lakh) and the turnover of sales or purchases
2) Voluntary Registration:-
Rs.5,000/-(Five Thusand) Fees which is non-refundable and
Rs.25,000/-(Twinty Five Thousand) deposit which is adjustable against tax
liabilities.
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