REGISTRATION. REGISTRATION. There are three ways of obtaining Registration under GVAT, 2003: Compulsory Registration (u/s. 21) Voluntary Registration (u/s. 22) Deemed Registration (u/s. 23). COMPULSORY REGISTRATION (U/S.21).
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
The Dealer when it crosses the limit of turnover as specified u/s. 3 then he is mandatorily liable to obtain the Registration.
No dealer shall, while being liable to pay tax under this Act, carry on business as a dealer unless he holds a valid certificate of registration as provided by this Act.
A dealer must apply within 30 days in Form No. 101immediately after he becomes liable to pay tax under the Gujarat VAT Act.
If a person is liable to be registered under the Central Sales Tax Act, 1956, he must first register himself under the Gujarat VAT, in spite of being within the threshold limits of Turnover as specified under GVAT Act,2003.
A dealer having one place of business shall make an application to the Registering Authority within whose jurisdiction his place of business is situated.
A dealer having more than one place of business shall make an application to the Registering Authority in whose jurisdiction the Head Office or Principal place of business is situated.
Failure to obtain registration would attract Penalty of a sum of Rs. 100 per day to a maximum of Rs. 5000/-.
Where a dealer having fixed or regular place of business in the state, and who is not required to obtain registration u/s. 21 can apply u/s. 22 for Voluntary Registration. He has to give interest free deposit of Rs. 25,000/- which can be adjusted against tax / interest / penalty payable by the dealer.
As provided u/s. 23 of GVAT Act, 2003 the Dealer who is registered under Gujarat Sales Tax Act, 1969 or under Central Sales Tax Act, 1956 as on 01/04/2006 will be deemed to be a Registered Dealer u/s. 21 of GVAT Act, 2003
The following information are required to be furnished to the registering authority:
then he shall intimate within 30 days to the Jurisdictional Authority for amendment in Registration Certificate and it will be effective from the date of contingency or in case of belated application from the date of application.