This blog for vat Tax forum
we are soon coming with vatTaxforum.com
Basically this is about vat tax being implemented in Pakistan and in other countries.
People can discuss and share there ideas and comments
about VAT TAX
Value Added Tax
Saturday, May 22, 2010
Is registration in VAT necessary if a trader is exclusively dealing in exempt supply?
Is registration in VAT necessary if a trader is exclusively dealing in exempt supply?
No. But a provision for voluntary registration has been made in section 42 of the
Bill. Procedure for voluntary registration will be explained in VAT Rules.
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