5 Questions
What are the conditions for a manufacturer to qualify as a cottage industry?
The turnover during the last 12 months from all supplies must not exceed 8 million rupees, the manufacturer must be located in a residential area without industrial connection, and the total labor force should not exceed 10 workers.
What is the definition of a distributor?
A distributor is a person appointed by a manufacturer, importer, or any other person for a specified area to purchase goods from them for further supply.
Who is required to register for sales tax?
Importer, manufacturer, dealer, distributor, wholesaler, and retailer are required to register for sales tax.
What activities are included in the term 'manufacture'?
Manufacture includes any process of assembling, mixing, cutting, diluting, bottling, packaging, repacking, engraving, printing, etc.
What is the turnover limit for a manufacturer to qualify as a cottage industry?
The turnover limit for a manufacturer to qualify as a cottage industry is 8 million rupees.
Test your knowledge of sales tax registration requirements with this quiz. Learn about the criteria for registration as an importer, manufacturer, dealer, distributor, wholesaler, commercial retailer, and more.
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