"Value Added Tax" (VAT)is a tax on value addition and a multi point tax, which is levied at every stage of sale. It is collected at the stage of manufacture/resale and contemplates rebating of tax paid on inputs and purchases.
Registration required if:
• If turnover exceeds Rs10 lakhs in the Year preceding this act or Current year.
• Liable to pay tax or is registered under CST act , 1956.
• Dealer who imports taxable goods for selling any goods into Delhi ,
• Indirect Tax Advisory
• Rendering assistance in registration under VAT.
• Assistance in claiming input tax credit.
• Assistance in furnishing tax returns and claiming refunds.
• Advice on the legal aspects of VAT.
• Rendering advice on the wide range of issues in relation to tax invoices and retails invoices.
• Internal Audit and Compliance Reviews.
• Helping with audit of accounts necessary for a registered dealer.
• Representation for Assessments and other proceedings.
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