Every person, body, or organization is bound to apply for the registration, according to the DVAT Act- Sales, if:
| Taxable Quantum |
| |
Section |
Circumstances |
Taxable Quantum (Rs.) |
| a |
16A(7) |
Casual trader as defined u/s 2(1)(g) |
NIL |
| b |
18(2) |
Dealer who imports any goods for sale in Delhi |
NIL |
| c |
18(2) |
Any other dealer |
10,00,000.00 |
In the case of persons, contractors, or dealers, involved in the contract processes and activities, the Taxable Quantum signifies the gross turnover, which is the turnover without the deduction for labor and various services.
As per the section 18(3) of the DVAT Act, the Taxable Quantum shall not include turnover from the following:
(a) Sales of capital assets.
(b) Sales made in course of winding up of dealer’s activities.
(c) Sales made as part of the permanent diminution of the dealer’s activities.