Rs1800 — Other Services — 08-12-2016
B-Cabs was started in the year 2010 in the city of Cochin to provide quality vehicle rental service and has been since catering to thousands of tourist, businessmen, corporates, instutions etc. with v...
As per the Central Excise Act and Rules, a manufacturing unit is required to register if its aggregate value crosses Rs 1.5 Crores, and needs to discharge the duty liability.
Similarly, under VAT, a manufacturer is liable for registration if his turnover during the financial year crosses the threshold limit. The threshold limit differs from state to state. Given the fact that VAT threshold limit ranges from Rs 5 – 20 Lakhs, let’s assume that most manufacturers will be registered under VAT.