Friday, January 21, 2011

IF I WANT TO REGISTER VOLUNTARILY, CAN THE COMMERCIAL TAXES DEPARTMENT REFUSE TO REGISTER ME?

Voluntary registration can be refused for one or more of the following reasons when an applicant:
    Has no taxable sales;
    Has no fixed place of business;
    Does not keep proper accounting records;
    Has not provided details of a bank account with any bank;
    Has arrears outstanding under APGST Act 1957 or CST Act 1956 or AP VAT Act 2005;
    Is not able to establish his identity.

Where the Commercial Taxes Department refuses an application for voluntary registration, the applicant has the right to raise an objection and to pursue the issue to a formal appeal.

0 comments:

Post a Comment

Copyright © 2015 accounting tally taxation tutorials All Right Reserved
Subscribe by Email Get Free Updates
Don't Forget To Join US Our Community
×
blogger